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Syfe drops Starhill Global REIT from REIT+ portfolio, adds OUE REIT

Jovi Ho
Jovi Ho • 3 min read
Syfe drops Starhill Global REIT from REIT+ portfolio, adds OUE REIT
Syfe REIT+ (100% REITs) outperformed the iEdge S-REIT Leaders index by 1.7% in 2022 and 1.6% in 2023, before accounting for management fees. Photo: Albert Chua/The Edge Singapore
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Digital wealth manager Syfe has replaced Starhill Global REIT (SGX:P40U) with OUE (SGX:LJ3) REIT in its Syfe REIT+ portfolio as part of a semi-annual rebalancing. The adjustment was completed on March 28. 

The Syfe REIT+ portfolio tracks the iEdge S-REIT Leaders Index, which is also rebalanced twice a year.

In an email to users on April 2, Syfe says OUE REIT was added to the iEdge S-REIT Leaders Index “due to its improved liquidity”, and the Syfe REIT+ portfolio had followed suit. 

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