FTSE EPRA Nareit Global Developed Index

The REIT also announced several appointment changes on the same day.

The inclusion of the REITs into the index series follows a revision in market cap thresholds.

The REIT had announced its inclusion into the FTSE EPRA Nareit index earlier.

The REITs join four other S-REITs to be included in the index.

The REITs will be included in the index with effect from Sep 20.

Keppel DC REIT plans to continue growth path after DPU surged 20.5% in FY2020 to 9.17 cents. At current prices yield is 3.17%

Parkway Life REIT will deliver steady distribution per unit (DPU) growth through its three-pronged growth plans, note analysts, namely asset-recycling strategies, venturing into a new market (third pillar) and acquisition pipeline from its sponsor.

The FTSE EPRA Nareit Global Real Estate Index Series is an international real estate investment index that is seen as the leading benchmark for listed real estate investments. The index is designed to track the performance of listed real estate companies.

SINGAPORE (Dec 13): RHB Research is keeping Manulife US REIT (MUST) at "buy" with new target price of US$1.10 on strong demand for US office property, low interest rates, strong earnings track record and better investor education.

SINGAPORE (Dec 5): Manulife US REIT will be included in the FTSE EPRA Nareit Global Developed Index with effect from Dec 23, 2019, the manager announced Thursday.