Singapore REITs – monthly update – The Property Chronicle
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Singapore REITs – monthly update

The Analyst

FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 826.65 to 859.68 (+3.99%) compared with last month’s update. Currently the Singapore REIT index is still trading with a range between 816 and 874.

  • Yield spread (reference to ten-year Singapore government bond of 1.391%) continues to tighten from 4.289% to 4.08%. However, the risk premiums are still attractive to accumulate Singapore REITs in stages to lock in the current price and long-term yield after the recovery. Moving forward, an increase in DPU is expected due to the global economic recovery.
  • Technically the REIT Index is currently trading in a sideways consolidation after the false breakout. However, current macro factors such as low interest-rate environment, aggressive M&A for future DPU growth and recovery of the global economy support the bullish breakout.

Technical analysis 

FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 826.65 to 859.68 (+3.99%) compared with last month’s update. Currently the Singapore REIT index is still trading with a range between 816 and 874.






The Analyst

About Kenny Loh

Kenny Loh

Kenny Loh is a Associate Wealth Advisory Director and REITs Specialist of Singapore’s top independent financial advisor. He helps clients construct diversified portfolios consisting of different asset classes from REITs, Equities, Bonds, ETFs, Unit Trusts, Private Equity, Alternative Investments and Fixed Maturity Funds to achieve an optimal risk adjusted return. Kenny is also a Certified Financial Planner, REIT Trainer of Singapore Exchange, Certified Trainer of Institute of Banking and Finance Singapore. Kenny started his personal investment blog http://mystocksinvesting.com in 2009.

Articles by Kenny Loh

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