Continue reading this on our app for a better experience

Open in App
Floating Button

The year's REIT gainers and losers

The Edge Singapore
The Edge Singapore • 1 min read
The year's REIT gainers and losers
The year’s top gainer was no surprise (see chart 1). Keppel DC REIT is in demand because data centres are in demand, and supply is likely to be limited given that Singapore is curbing the building of more data centres. Ascendas Hospitality Trust was acq
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Dec 20): The year’s top gainer was no surprise (see chart 1). Keppel DC REIT is in demand because data centres are in demand, and supply is likely to be limited given that Singapore is curbing the building of more data centres. Ascendas Hospitality Trust was acquired by Ascott Residence Trust which accounted for Ascendas Hopitality Trust’s price performance.

Earlier in the year, Mapletree Commercial Trust was flagged as a beneficiary of the Great Southern Waterfront master plan.

Sasseur REIT’s unit price surged after investors became aware that it was going to be included in the FTSE EPRA NAREIT Emerging Market Index.

“Inclusion in FTSE EPRA NAREIT Emerging Market Index is definitely a new milestone for Sasseur REIT after surpassing the billion-dollar market capitalisation mark last month. It will lift Sasseur REIT’s profile and put us on radar of many global real estate equity funds,” says Wong Siew Lu, Head, Investor Relations and Corporate Affairs at Sasseur REIT’s manager. “We look forward to enjoy higher visibility and trading liquidity from institutional investors through our inclusion in this Index.”

Highlights

Re test Testing QA Spotlight
1000th issue

Re test Testing QA Spotlight

Get the latest news updates in your mailbox
Never miss out on important financial news and get daily updates today
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.