Daily BriefsSingapore

Daily Brief Singapore: Keppel DC REIT and more

In today’s briefing:

  • REIT Watch – Healthcare S-REITs remain committed to expansion strategies


REIT Watch – Healthcare S-REITs remain committed to expansion strategies

By Geoff Howie

  • THE first seven months of 2023 saw the iEdge S-Reit Index gain 3.9 per cent in total return terms, reversing its 11.9 per cent decline in 2022.
  • This was followed by hospitality S-Reits with 5.8 per cent average total returns, after being the best performing sub-segment last year.
  • PLife Reit declared a distribution per unit (DPU) of 7.29 Singapore cents for H1 2023, representing an increase of 3.3 per cent year on year.

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