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Chart from SGX
S-REITs post negative returns in January
Total returns of S-REITs were at -4.6%.
Singapore’s Real Estate Investment Trusts (REITs) ended January with -4.6% in total returns.
In January, retail investors net bought $195.6m of S-REITs, whilst institutional investors net sold $192.6m.
The total returns for January translate to a drop from 2023 when the iEdge S-REIT Index returned 6.6%.
In 2023, the iEdge S-REIT Index rebounded close to 20% in total returns from its lows at the end of October.
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