, Singapore
181 views
Photo by Kelvin Zyteng on Unsplash

COTD: S-REITs end Q3 with 17.3% total returns

Institutional investors drove the gains.

Singapore’s Real Estate Investment Trusts (REITs) ended Q3 with 17.3% total returns.

 

 

“Institutional investors net bought (+S$137.5m) whilst retail investors net sold (-S$129.1m) of S-REITs in 3Q 2024,” SGX reported.

SGX also attributed the gains to the Fed rate cut, adding that the Edge S-REIT Index climbed 1.7% on 19 September.

The combined July and August total returns of 12.6% mark a reversal of the  11.4% decline in total return in 1H24.
 

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.