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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.
 

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