,Singapore

SGX and UOBAM unveil iEdge-UOB APAC Green REIT index

The index tracks REITs in the APAC region with higher dividend yields and positive environmental attributes.

Singapore Exchange and UOB Asset Management announced via a press release that the two have partnered to launch the iEdge-UOB APAC Green REIT index. 

As part of the SGX iEdge product suite, the index encompasses 50 higher-yielding REITS. The focus of this would be on how these REITs show their environmental performance based on the Global Real Estate Sustainability Benchmark (GRESB). 

Indicators of this benchmark include energy and water consumption, greenhouse gas emissions and green building certifications, as well as their ESG performance.

“Sustainable investing is now a key consideration in portfolio allocation, and this is driving demand and innovation in partnership with iEdge’s indexing services. Since the establishment of iEdge, we have been customising and developing proprietary indices for our global clients, in a well-governed manner through purpose-driven design, strong research and data partnerships,” said Ng Kin Yee, Managing Director and Head of Data, Connectivity and Indices, SGX.

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