Daily BriefsSingapore

Daily Brief Singapore: ESR-LOGOS REIT, Singapore Airlines and more

In today’s briefing:

  • REIT Watch – Institutional investors net buyers of these 10 S-Reits in July
  • Jardine C&C MD Ben Birks acquires more shares following H1 FY23 earnings report


REIT Watch – Institutional investors net buyers of these 10 S-Reits in July

By Geoff Howie

  • In terms of net fund flows over the month, retail investors net bought S$8.2 million of S-Reits while institutional investors net sold S$86.4 million in the sector.
  • However, there were 10 S-Reits and property trusts which recorded net institutional inflows in the month of July.
  • They were Keppel DC Reit, CapitaLand Integrated Commercial Trust (CICT), CapitaLand India Trust (Clint), ESR-Logos Reit, Far East Hospitality Trust, Digital Core Reit, Paragon Reit, Sasseur Reit, First Reit, and BHG Retail Reit.

Jardine C&C MD Ben Birks acquires more shares following H1 FY23 earnings report

By Geoff Howie

  • Share buybacks by primary listed companies 28 Jul – 3 Aug 2023 Stocks that booked the highest net institutional outflow over the five sessions included Singapore Airlines, Frasers Logistics & Commercial Trust, Genting Singapore, Jardine Matheson, CapitaLand Investment, Venture Corporation, Mapletree Pan Asia Commercial Trust, Suntec Reit and Sheng Siong Group.
  • There were four primary-listed companies conducting share buybacks over the five trading sessions through to Aug 3 with a total consideration of S$11.4 million.

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