Singapore's Top 10 Most Important REITs

The Smart Investor08-30

Singapore has established itself as Asia’s hub for real estate investment trusts (REITs).As of 31 January 2024, Singapore’s REIT (S-REIT) sector was worth US$100 billion, accounting for 12% of the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

MattY
09-13
MattY
Great anallysis thank you!

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2463821795?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-30 11:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2463821795","market":"sg","top_or_hot":-1,"title":"Singapore's Top 10 Most Important REITs","media":"The Smart Investor","content":"<div>\n<p>Singapore has established itself as Asia’s hub for real estate investment trusts (REITs).As of 31 January 2024, Singapore’s REIT (S-REIT) sector was worth US$100 billion, accounting for 12% of the ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/singapores-top-10-most-important-reits/\">Source Link</a>\n\n</div>\n","source":"thesmartinvestor_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore's Top 10 Most Important REITs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Top 10 Most Important REITs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-30 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/singapores-top-10-most-important-reits/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore has established itself as Asia’s hub for real estate investment trusts (REITs).As of 31 January 2024, Singapore’s REIT (S-REIT) sector was worth US$100 billion, accounting for 12% of the ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/singapores-top-10-most-important-reits/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2088748020.USD","symbol_name":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"ADM\" (USD) INC A","start_time":0,"source_url":"https://thesmartinvestor.com.sg/singapores-top-10-most-important-reits/","article_id":"2463821795","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2463821795","pubTimestamp":1724986833,"sourceInfo":{"source_id":"thesmartinvestor_highlight","name":"The Smart Investor"},"weMediaInfo":null,"summary":"There are over 40 REITs and property trusts in Singapore. The top 10 REITs account for close to 70% of the S-REIT index, giving the group an outsized influence over the index’s movements.","collect":0,"end_time":0,"defaultTopTitle":"thesmartinvestor.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2088748020.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"ADM\" (USD) INC A","SG9999001135.SGD":"United ASEAN Fund SGD","SG9999014302.SGD":"RHB Singapore Income Fund SGD","C38U.SI":"凯德商用新加坡信托","BUOU.SI":"星狮物流工业信托","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","BK6089":"酒店及度假村房地产投资信托","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","9CI.SI":"凯德投资","LU2088748376.SGD":"Eastspring Investments - Asia Real Estate Multi Asset Income Cl ASDM SGD-H","BK6505":"周期性消费品与消费者服务","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","ME8U.SI":"丰树工业信托","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","BK6110":"房地产经营公司","K71U.SI":"吉宝房地产信托","AJBU.SI":"吉宝数据中心房地产信托","J69U.SI":"星狮地产信托","LU1316543674.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A3 SGD","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0918141887.USD":"安联亚洲实际收益股票基金","SG9999001127.SGD":"United Singapore Growth Fund SGD","BN4.SI":"吉宝有限公司","SG9999002406.SGD":"利安新加坡信托基金","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","STI.SI":"富时新加坡海峡指数","LU2226123227.USD":"Janus Henderson Horizon Asia-Pacific Property Income A5m USD","A17U.SI":"凯德腾飞房产信托","LU2226123490.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A5m SGD","HMN.SI":"凯德雅诗阁信托","BK6011":"零售业房地产投资信托","M44U.SI":"丰树物流信托","LU0229494975.USD":"骏利亨德森亚太地产股票基金","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK6099":"办公房地产投资信托","LU2088748293.HKD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"AHD\" (HKD) INC","SG9999013478.USD":"利安新加坡股息基金","N2IU.SI":"丰树商业信托","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","BK6111":"工业集团企业","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD"},"translate_title":"新加坡十大最重要的房地产投资信托基金","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"A17U.SI":1,"AJBU.SI":1,"9CI.SI":1,"ME8U.SI":1,"K71U.SI":1,"J69U.SI":1,"HMN.SI":1,"BUOU.SI":1,"C38U.SI":1,"STI.SI":0.9,"N2IU.SI":0.9,"M44U.SI":0.9,"BN4.SI":0.85},"content_text":"Singapore has established itself as Asia’s hub for real estate investment trusts (REITs).As of 31 January 2024, Singapore’s REIT (S-REIT) sector was worth US$100 billion, accounting for 12% of the Lion City’s total stock market capitalisation. This figure is significantly higher than other Asian countries, such as Japan (3.5%),  Hong Kong (3.3%), China (3.2%), Malaysia (2.4%), and India (1.8%), highlighting the importance of the S-REITs sector to the local bourse.The most closely watched REIT index in Singapore is the iEdge S-REIT index. This index tracks the performance of a basket of S-REITs and is regarded as Singapore’s benchmark for the sector.The heavyweights of the S-REIT sectorThe iEdge S-REIT Index is weighted by market capitalization. While the index comprises 31 REITs, the top 10 largest companies exert a disproportionate influence due to their substantial market value.Let’s delve into the 10 biggest constituents of the index.Source: iEdge S-REIT Indices factsheet, as of 31 July 2024The Big 10 REITs in SingaporeThe top 10 REITs make up the lion’s share of the iEdge S-REIT index, accounting for nearly 70% of its weightage.  Notably, the two largest REITs, namely CapitaLand Integrated Commercial Trust, or CICT, and CapitaLand Ascendas REIT, or CLAR, share a common sponsor, CapitaLand Investment Limited.As of 31 July 2024, CICT sports a market capitalisation of S$13.5 billion while CLAR weighed in at S$11.9 billion. Together, they account for over a fifth of the iEdge S-REIT index. Incidentally, both are also key components in Singapore’s Straits Times Index.Another CapitaLand-affiliated REIT, CapitaLand Ascott Trust, accounts for 4.32% of the index’s weightage.  Beyond CapitaLand, Beyond CapitaLand, the Mapletree group also significantly contributes to the index with three REITs: Mapletree Industrial Trust, Mapletree Logistics Trust and Mapletree Pan Asia Commercial Trust.Collectively, these Mapletree REITs contribute more than a quarter of the index’s weightage and boast a combined market capitalization of nearly S$20 billion. Like CICT and CLAR, all three Mapletree REITs are also part of Singapore’s STI. Joining the CapitaLand and Mapletree REITs in the top 10 are the Frasers pair, Frasers Centrepoint Trust, or FCT, and Frasers Logistics and Commercial Trust, or FLCT. Together, they are valued at around S$7.5 billion, account for close to 10% of the index’s weightage and are also part of the STI.Rounding out the list is another pair from Keppel, namely Keppel DC REIT and Keppel REIT. The two REITs contribute roughly 9.6% of the index weight and sport a combined market cap of around S$6.8 billion. The hope and pain of interest rates As a whole, the Top 10 REITs in the iEdge S-REIT index provides investors with exposure to the traditional property sectors such as industrial, retail and commercial. Interest rates have been a bane to the industry since late 2022.However, there could be light at the end of the tunnel with the US Federal Reserve signalling a possible interest rate cut soon.Attention Dividend Investors: Now’s the time to tap into high-yield REITs in Singapore. We’ve just released our latest report, revealing the full details on five Singapore REITs, each boasting distribution yields of 5.5% or higher.  With a focus on stability and performance, these REITs could be the missing piece in your dividend-focused portfolio. Download the FREE report now to unlock these high-yield treasures.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":348997796413448,"gmtCreate":1726234807153,"gmtModify":1726234851724,"author":{"id":"3587025343397641","authorId":"3587025343397641","name":"MattY","avatar":"https://community-static.tradeup.com/news/0c02ae7862ce6031473eb87b9ab21278","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3587025343397641","authorIdStr":"3587025343397641"},"htmlText":"Great anallysis thank you!","listText":"Great anallysis thank you!","text":"Great anallysis thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348997796413448","repostId":2463821795,"repostType":2,"repost":{"id":"2463821795","pubTimestamp":1724986833,"share":"https://ttm.financial/m/news/2463821795?lang=&edition=fundamental","pubTime":"2024-08-30 11:00","market":"sg","language":"en","title":"Singapore's Top 10 Most Important REITs","url":"https://stock-news.laohu8.com/highlight/detail?id=2463821795","media":"The Smart Investor","summary":"There are over 40 REITs and property trusts in Singapore. The top 10 REITs account for close to 70% of the S-REIT index, giving the group an outsized influence over the index’s movements.","content":"<html><head></head><body><p>Singapore has established itself as Asia’s hub for real estate investment trusts (REITs).</p><p>As of 31 January 2024, Singapore’s REIT (S-REIT) sector was worth US$100 billion, accounting for 12% of the Lion City’s total stock market capitalisation. </p><p>This figure is significantly higher than other Asian countries, such as Japan (3.5%),  Hong Kong (3.3%), China (3.2%), Malaysia (2.4%), and India (1.8%), highlighting the importance of the S-REITs sector to the local bourse.</p><p>The most closely watched REIT index in Singapore is the iEdge S-REIT index. </p><p>This index tracks the performance of a basket of S-REITs and is regarded as Singapore’s benchmark for the sector.</p><h2 id=\"id_2946570724\">The heavyweights of the S-REIT sector</h2><p>The iEdge S-REIT Index is weighted by market capitalization. </p><p>While the index comprises 31 REITs, the top 10 largest companies exert a disproportionate influence due to their substantial market value.</p><p>Let’s delve into the 10 biggest constituents of the index.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7a78e4273d2ac85bd00700ba9a35bf87\" alt=\"Source: iEdge S-REIT Indices factsheet, as of 31 July 2024\" title=\"Source: iEdge S-REIT Indices factsheet, as of 31 July 2024\" tg-width=\"1024\" tg-height=\"784\"/><span>Source: iEdge S-REIT Indices factsheet, as of 31 July 2024</span></p><h2 id=\"id_3613652925\">The Big 10 REITs in Singapore</h2><p>The top 10 REITs make up the lion’s share of the iEdge S-REIT index, accounting for nearly 70% of its weightage.  </p><p>Notably, the two largest REITs, namely <a href=\"https://laohu8.com/S/C38U.SI\">CapitaLand Integrated Commercial Trust</a>, or CICT, and <a href=\"https://laohu8.com/S/A17U.SI\">CapitaLand Ascendas REIT</a>, or CLAR, share a common sponsor, <a href=\"https://laohu8.com/S/9CI.SI\">CapitaLand Investment Limited</a>.</p><p>As of 31 July 2024, CICT sports a market capitalisation of S$13.5 billion while CLAR weighed in at S$11.9 billion. Together, they account for over a fifth of the iEdge S-REIT index. </p><p>Incidentally, both are also key components in Singapore’s Straits Times Index.</p><p>Another CapitaLand-affiliated REIT, <a href=\"https://laohu8.com/S/HMN.SI\">CapitaLand Ascott Trust</a>, accounts for 4.32% of the index’s weightage.  </p><p>Beyond CapitaLand, Beyond CapitaLand, the Mapletree group also significantly contributes to the index with three REITs: <a href=\"https://laohu8.com/S/ME8U.SI\">Mapletree Industrial Trust</a>, <a href=\"https://laohu8.com/S/M44U.SI\">Mapletree Logistics Trust</a> and <a href=\"https://laohu8.com/S/N2IU.SI\">Mapletree Pan Asia Commercial Trust</a>.</p><p>Collectively, these Mapletree REITs contribute more than a quarter of the index’s weightage and boast a combined market capitalization of nearly S$20 billion. </p><p>Like CICT and CLAR, all three Mapletree REITs are also part of Singapore’s STI. </p><p>Joining the CapitaLand and Mapletree REITs in the top 10 are the Frasers pair, <a href=\"https://laohu8.com/S/J69U.SI\">Frasers Centrepoint Trust</a>, or FCT, and <a href=\"https://laohu8.com/S/BUOU.SI\">Frasers Logistics and Commercial Trust</a>, or FLCT. </p><p>Together, they are valued at around S$7.5 billion, account for close to 10% of the index’s weightage and are also part of the STI.</p><p>Rounding out the list is another pair from Keppel, namely <a href=\"https://laohu8.com/S/AJBU.SI\">Keppel DC REIT</a> and <a href=\"https://laohu8.com/S/K71U.SI\">Keppel REIT</a>. The two REITs contribute roughly 9.6% of the index weight and sport a combined market cap of around S$6.8 billion. </p><h2 id=\"id_246507244\">The hope and pain of interest rates </h2><p>As a whole, the Top 10 REITs in the iEdge S-REIT index provides investors with exposure to the traditional property sectors such as industrial, retail and commercial. </p><p>Interest rates have been a bane to the industry since late 2022.</p><p>However, there could be light at the end of the tunnel with the US Federal Reserve signalling a possible interest rate cut soon.</p><p>Attention Dividend Investors: Now’s the time to tap into high-yield REITs in Singapore. We’ve just released our latest report, revealing the full details on five Singapore REITs, each boasting distribution yields of 5.5% or higher.  With a focus on stability and performance, these REITs could be the missing piece in your dividend-focused portfolio. Download the FREE report now to unlock these high-yield treasures.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore's Top 10 Most Important REITs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Top 10 Most Important REITs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-30 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/singapores-top-10-most-important-reits/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore has established itself as Asia’s hub for real estate investment trusts (REITs).As of 31 January 2024, Singapore’s REIT (S-REIT) sector was worth US$100 billion, accounting for 12% of the ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/singapores-top-10-most-important-reits/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2088748020.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"ADM\" (USD) INC A","SG9999001135.SGD":"United ASEAN Fund SGD","SG9999014302.SGD":"RHB Singapore Income Fund SGD","C38U.SI":"凯德商用新加坡信托","BUOU.SI":"星狮物流工业信托","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","BK6089":"酒店及度假村房地产投资信托","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","9CI.SI":"凯德投资","LU2088748376.SGD":"Eastspring Investments - Asia Real Estate Multi Asset Income Cl ASDM SGD-H","BK6505":"周期性消费品与消费者服务","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","ME8U.SI":"丰树工业信托","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","BK6110":"房地产经营公司","K71U.SI":"吉宝房地产信托","AJBU.SI":"吉宝数据中心房地产信托","J69U.SI":"星狮地产信托","LU1316543674.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A3 SGD","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0918141887.USD":"安联亚洲实际收益股票基金","SG9999001127.SGD":"United Singapore Growth Fund SGD","BN4.SI":"吉宝有限公司","SG9999002406.SGD":"利安新加坡信托基金","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","STI.SI":"富时新加坡海峡指数","LU2226123227.USD":"Janus Henderson Horizon Asia-Pacific Property Income A5m USD","A17U.SI":"凯德腾飞房产信托","LU2226123490.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A5m SGD","HMN.SI":"凯德雅诗阁信托","BK6011":"零售业房地产投资信托","M44U.SI":"丰树物流信托","LU0229494975.USD":"骏利亨德森亚太地产股票基金","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK6099":"办公房地产投资信托","LU2088748293.HKD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"AHD\" (HKD) INC","SG9999013478.USD":"利安新加坡股息基金","N2IU.SI":"丰树商业信托","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","BK6111":"工业集团企业","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD"},"source_url":"https://thesmartinvestor.com.sg/singapores-top-10-most-important-reits/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2463821795","content_text":"Singapore has established itself as Asia’s hub for real estate investment trusts (REITs).As of 31 January 2024, Singapore’s REIT (S-REIT) sector was worth US$100 billion, accounting for 12% of the Lion City’s total stock market capitalisation. This figure is significantly higher than other Asian countries, such as Japan (3.5%),  Hong Kong (3.3%), China (3.2%), Malaysia (2.4%), and India (1.8%), highlighting the importance of the S-REITs sector to the local bourse.The most closely watched REIT index in Singapore is the iEdge S-REIT index. This index tracks the performance of a basket of S-REITs and is regarded as Singapore’s benchmark for the sector.The heavyweights of the S-REIT sectorThe iEdge S-REIT Index is weighted by market capitalization. While the index comprises 31 REITs, the top 10 largest companies exert a disproportionate influence due to their substantial market value.Let’s delve into the 10 biggest constituents of the index.Source: iEdge S-REIT Indices factsheet, as of 31 July 2024The Big 10 REITs in SingaporeThe top 10 REITs make up the lion’s share of the iEdge S-REIT index, accounting for nearly 70% of its weightage.  Notably, the two largest REITs, namely CapitaLand Integrated Commercial Trust, or CICT, and CapitaLand Ascendas REIT, or CLAR, share a common sponsor, CapitaLand Investment Limited.As of 31 July 2024, CICT sports a market capitalisation of S$13.5 billion while CLAR weighed in at S$11.9 billion. Together, they account for over a fifth of the iEdge S-REIT index. Incidentally, both are also key components in Singapore’s Straits Times Index.Another CapitaLand-affiliated REIT, CapitaLand Ascott Trust, accounts for 4.32% of the index’s weightage.  Beyond CapitaLand, Beyond CapitaLand, the Mapletree group also significantly contributes to the index with three REITs: Mapletree Industrial Trust, Mapletree Logistics Trust and Mapletree Pan Asia Commercial Trust.Collectively, these Mapletree REITs contribute more than a quarter of the index’s weightage and boast a combined market capitalization of nearly S$20 billion. Like CICT and CLAR, all three Mapletree REITs are also part of Singapore’s STI. Joining the CapitaLand and Mapletree REITs in the top 10 are the Frasers pair, Frasers Centrepoint Trust, or FCT, and Frasers Logistics and Commercial Trust, or FLCT. Together, they are valued at around S$7.5 billion, account for close to 10% of the index’s weightage and are also part of the STI.Rounding out the list is another pair from Keppel, namely Keppel DC REIT and Keppel REIT. The two REITs contribute roughly 9.6% of the index weight and sport a combined market cap of around S$6.8 billion. The hope and pain of interest rates As a whole, the Top 10 REITs in the iEdge S-REIT index provides investors with exposure to the traditional property sectors such as industrial, retail and commercial. Interest rates have been a bane to the industry since late 2022.However, there could be light at the end of the tunnel with the US Federal Reserve signalling a possible interest rate cut soon.Attention Dividend Investors: Now’s the time to tap into high-yield REITs in Singapore. We’ve just released our latest report, revealing the full details on five Singapore REITs, each boasting distribution yields of 5.5% or higher.  With a focus on stability and performance, these REITs could be the missing piece in your dividend-focused portfolio. Download the FREE report now to unlock these high-yield treasures.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":12,"commentSize":1,"repostSize":2,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2463821795"}