Four US and UK Office S-Reits BTOU, OXMU, CMOU & MXNU average 54% rebound in November
@SGX_Stars：
Prices of Reits have been sensitive to interest rates as evident by recent global movements. As 10-year US Government Bond yields dropped from the highs seen in mid-October, the S-Reits’ benchmark – iEdge S-Reit Index – gained 7.2% on a total return basis in the November month to date till Nov 16. This narrowed the year-to-date decline of the index from 9.0% as at end-October to 2.4%.All S-Reits and property trusts recorded positive total returns in the month to date till Nov 16, except for Dasin Retail Trust. Among them, 10 recorded double-digit gains, averaging 28.9%. Most of the 10 trusts have the majority of their assets under management outside of Singapore.REIT Watch - iEdge S-Reit Index vs 10Y US Government Bond yieldThe top four performers across the period were dominated by o
