SINGAPORE (June 22): The manager of Starhill Global REIT announced that Lendlease Global Commercial REIT has been added to the FTSE Singapore All Cap Index and the Benchmark Index on Monday.
The Benchmark Index is relevant to the determination of the performance fee that may be paid to the manager under the trust deed constituting Starhill Global REIT dated Aug 8, 2005.
Under the deed, the manager is entitled to a performance fee should the accumulated return of the units in Starhill Global REIT in any financial year ending June 30 exceed the total return of the Benchmark Index.
As of June 22, there are 33 Singapore-listed REITs and property-related business trusts in the FTSE Singapore All Cap Index.
They are:
- AIMS APAC REIT
- ARA LOGOS Logistics Trust (previously known as Cache Logistics Trust)
- Ascendas Real Estate Investment Trust
- Ascott Residence Trust
- CapitaLand Commercial Trust
- CapitaLand Mall Trust
- CapitaLand Retail China Trust
- CDL Hospitality Trusts
- Cromwell European REIT
- Eagle Hospitality REIT
- ESR-REIT
- Far East Hospitality Trust
- First Real Estate Investment Trust
- Frasers Centrepoint Trust
- Frasers Hospitality Trust
- Frasers Logistics & Industrial Trust
- Keppel REIT
- Keppel DC REIT
- Keppel Pacific Oak US REIT
- Lendlease Global Commercial REIT
- Lippo Malls Indonesia Retail Trust
- Manulife US REIT
- Mapletree Commercial Trust
- Mapletree North Asia Commercial Trust
- Mapletree Industrial Trust
- Mapletree Logistics Trust
- OUE Commercial Real Estate Investment Trust
- Parkway Life Real Estate Investment Trust
- Sabana Shari’ah Compliant Industrial REIT
- Soilbuild Business Space REIT
- SPH REIT
- Starhill Global REIT, and
- Suntec REIT.
