BGH REITS
Dear Tigers,
According to the report from SGX on April 10, 2023 (click here for the full article), S-REITs in the STI ended 1Q23 with 10% gains, outperforming the index.
The report quoted, "In March, the iEdge S-REIT Index declined 0.7 percent in total returns, shaving its year-to-date (YTD) total returns to 4.3 percent but still outperforming the Straits Times Index's (STI) 0.8 percent YTD total returns. Key market drivers during the quarter, which also extended into March, included global interest rate hikes, decelerating growth, persistent inflation, geopolitical tensions, and global financial stability. Globally, the FTSE EPRA Nareit Developed Index saw steeper declines of 4.3 percent in total returns last month and ended the first quarter of the year flat.”
REITs are always one of the top selections for an investment portfolio that is relatively more conservative, and investors are looking for interest/dividend returns.
BHG Retail REIT, listed on SGX Mainboard, has a portfolio of six heartland-focused retail malls serving densely populated residentials in key growing Chinese cities (namely Beijing, Chengdu, Hefei, Xining and Dalian).
• Underpinned by Residents’ Income Growth, Domestic Consumption Upgrade, Common Prosperity Theme.
• Independent Valuation of Renminbi 4.7 Billion.
• Gross Floor Area: 311,691 sqm.
• Backed by Beijing Hualian Group;
A Leading Retail Conglomerate Headquartered in Beijing
Internationally Renowned SKP Luxury Brand
Serving Domestic Mid to High-Income Heartlands via Supermarkets & Community Malls
Don't miss out on the chance to join this webinar and explore the opportunities you can identify in China's retail mall property market. Attend the webinar and complete a simple survey to get a sure win SGD10 stock voucher (limited to first 100).
Thank you
Live Link: https://ttm.financial/m/live/1763375860771885
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