Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Asia’s leading multi-asset exchange

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Equity Bottom-Up

Mapletree North Asia Commercial Trust / Equity Bottom-Up

Mapletree North Asia Commercial Trust (MAGIC SP)

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<ul>
<li>
The iEdge S-REIT Index comprises 35 constituents with a combined market cap of over S$100 billion. The 36th constituent – Ascendas Hospitality Trust, acquired by Ascott Residences Trust – was delisted on 3 Jan. 
	 </li>
	<li>
So far, 20 constituents have already reported their earnings for the quarter/full-year ended 31 December 2019. Another 15 REITs are scheduled to unveil their Dec quarter results over the next three weeks, with six reporting today and tomorrow. 
	 </li>
	<li>Over the 2019 calendar year, the constituents of the iEdge S-REIT Index have averaged a total return of 25.2%, bringing their one-year and three-year total returns to 18.0% and 41.7% respectively.</li>
</ul>
 

The iEdge S-REIT Index, which measures the performance of SGX-listed REITs, comprises 35 constituents with a combined market capitalisation of more than S$100 billion. Note that the previous 36th constituent – Ascendas Hospitality Trust, acquired by Ascott Residences Trust – was delisted on 3 Jan 2020.

So far, 20 constituents of the Index have released their earnings for the quarter/full-year ended 31 December 2019, with another 15 scheduled to report their results over the next three weeks. Six trusts– OUE Commercial REIT, Ascott Residence Trust, CDL Hospitality Trusts, Ascendas India Trust, Ascendas REIT and AIMS APAC REIT – will unveil their earnings today and tomorrow.

The table below details the released, confirmed and estimated dates of earnings reports by constituents of the iEdge S-REIT Index, sorted by date. For more updated release dates, click <a href="https://www.sgxacademy.com/economiccalendar/">here</a> for the weekly Economic Calendar.

<table class="table table-striped"><tbody>
<tr>
<td>
			Name
			</td>
			<td>
			SGX Code 
			</td>
			<td>
			Date 
			</td>
			<td>
			Date Type
			</td>
			<td>
			Period
			</td>
		</tr>
<tr>
<td>
			SPH REIT
			</td>
			<td>
			SK6U
			</td>
			<td>
			10-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q1
			</td>
		</tr>
<tr>
<td>
			Frasers Commercial Trust
			</td>
			<td>
			ND8U
			</td>
			<td>
			15-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q1
			</td>
		</tr>
<tr>
<td>
			Mapletree North Asia Commercial Trust
			</td>
			<td>
			RWOU
			</td>
			<td>
			17-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q3
			</td>
		</tr>
<tr>
<td>
			Mapletree Logistics Trust
			</td>
			<td>
			M44U
			</td>
			<td>
			20-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q3
			</td>
		</tr>
<tr>
<td>
			CapitaLand Commercial Trust
			</td>
			<td>
			C61U
			</td>
			<td>
			21-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Mapletree Industrial Trust
			</td>
			<td>
			ME8U
			</td>
			<td>
			21-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q3
			</td>
		</tr>
<tr>
<td>
			Keppel DC REIT
			</td>
			<td>
			AJBU
			</td>
			<td>
			21-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			CapitaLand Mall Trust
			</td>
			<td>
			C38U
			</td>
			<td>
			22-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Mapletree Commercial Trust
			</td>
			<td>
			N2IU
			</td>
			<td>
			22-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q3
			</td>
		</tr>
<tr>
<td>
			Suntec REIT
			</td>
			<td>
			T82U
			</td>
			<td>
			22-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Keppel REIT
			</td>
			<td>
			K71U
			</td>
			<td>
			22-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Frasers Centrepoint Trust
			</td>
			<td>
			J69U
			</td>
			<td>
			22-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q1
			</td>
		</tr>
<tr>
<td>
			Parkway Life REIT
			</td>
			<td>
			C2PU
			</td>
			<td>
			22-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Soilbuild Business Space REIT
			</td>
			<td>
			SV3U
			</td>
			<td>
			22-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			ESR-REIT
			</td>
			<td>
			J91U
			</td>
			<td>
			23-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Frasers Hospitality Trust
			</td>
			<td>
			ACV
			</td>
			<td>
			23-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q1
			</td>
		</tr>
<tr>
<td>
			Cache Logistics Trust
			</td>
			<td>
			K2LU
			</td>
			<td>
			23-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Sabana Shari'ah Comp Ind REIT
			</td>
			<td>
			M1GU
			</td>
			<td>
			23-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Starhill Global REIT
			</td>
			<td>
			P40U
			</td>
			<td>
			29-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q2
			</td>
		</tr>
<tr>
<td>
			First REIT
			</td>
			<td>
			AW9U
			</td>
			<td>
			29-Jan
			</td>
			<td>
			Released
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			OUE Commercial REIT
			</td>
			<td>
			TS0U
			</td>
			<td>
			30-Jan
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Ascott Residence Trust
			</td>
			<td>
			HMN
			</td>
			<td>
			30-Jan
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			CDL Hospitality Trusts
			</td>
			<td>
			J85
			</td>
			<td>
			30-Jan
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Ascendas India Trust
			</td>
			<td>
			CY6U
			</td>
			<td>
			30-Jan
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q3
			</td>
		</tr>
<tr>
<td>
			Ascendas REIT
			</td>
			<td>
			A17U
			</td>
			<td>
			31-Jan
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			AIMS APAC REIT
			</td>
			<td>
			O5RU
			</td>
			<td>
			31-Jan
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Manulife US REIT
			</td>
			<td>
			BTOU
			</td>
			<td>
			05-Feb
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Frasers Logistics &amp; Industrial Trust
			</td>
			<td>
			BUOU
			</td>
			<td>
			06-Feb
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q1
			</td>
		</tr>
<tr>
<td>
			CapitaLand Retail China Trust
			</td>
			<td>
			AU8U
			</td>
			<td>
			07-Feb
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Far East Hospitality Trust
			</td>
			<td>
			Q5T
			</td>
			<td>
			14-Feb
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			RHT Health Trust
			</td>
			<td>
			RF1U
			</td>
			<td>
			14-Feb
			</td>
			<td>
			Estimated
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Sasseur REIT 
			</td>
			<td>
			CRPU
			</td>
			<td>
			20-Feb
			</td>
			<td>
			Confirmed
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			IREIT Global
			</td>
			<td>
			UD1U
			</td>
			<td>
			20-Feb
			</td>
			<td>
			Estimated
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			EC World REIT
			</td>
			<td>
			BWCU
			</td>
			<td>
			21-Feb
			</td>
			<td>
			Estimated
			</td>
			<td>
			Q4
			</td>
		</tr>
<tr>
<td>
			Lippo Malls Indonesia Retail Trust
			</td>
			<td>
			D5IU
			</td>
			<td>
			21-Feb
			</td>
			<td>
			Estimated
			</td>
			<td>
			Q4
			</td>
		</tr>
</tbody></table>
 Source: Bloomberg &amp; SGX (data as of 28 Jan 20)

Over the 2019 calendar year, the constituents of the iEdge S-REIT Index have averaged a total return of 25.2%, bringing their one-year and three-year total returns to 18.0% and 41.7% respectively.

The table below details the 35 constituents of the iEdge S-REIT Index, sorted by market cap.

<table class="table table-striped"><tbody>
<tr>
<td>
			Name
			</td>
			<td>
			SGX Code
			</td>
			<td>
			Market Cap (S$) 
			</td>
			<td>
			Total Return 2019 (%)
			</td>
			<td>
			Total Return 1Y (%) 
			</td>
			<td>
			Total Return 3Y (%) 
			</td>
		</tr>
<tr>
<td>
			Ascendas REIT
			</td>
			<td>
			A17U
			</td>
			<td>
			11,216,382,546
			</td>
			<td>
			24.3
			</td>
			<td>
			22.9
			</td>
			<td>
			54.7
			</td>
		</tr>
<tr>
<td>
			CapitaLand Mall Trust
			</td>
			<td>
			C38U
			</td>
			<td>
			9,517,114,578
			</td>
			<td>
			13.4
			</td>
			<td>
			12.5
			</td>
			<td>
			53.2
			</td>
		</tr>
<tr>
<td>
			CapitaLand Commercial Trust
			</td>
			<td>
			C61U
			</td>
			<td>
			7,985,409,830
			</td>
			<td>
			19.2
			</td>
			<td>
			16.3
			</td>
			<td>
			61.3
			</td>
		</tr>
<tr>
<td>
			Mapletree Commercial Trust
			</td>
			<td>
			N2IU
			</td>
			<td>
			7,770,243,244
			</td>
			<td>
			52.6
			</td>
			<td>
			40.2
			</td>
			<td>
			82.7
			</td>
		</tr>
<tr>
<td>
			Mapletree Logistics Trust
			</td>
			<td>
			M44U
			</td>
			<td>
			6,796,694,383
			</td>
			<td>
			46.2
			</td>
			<td>
			39.6
			</td>
			<td>
			106.1
			</td>
		</tr>
<tr>
<td>
			Mapletree Industrial Trust
			</td>
			<td>
			ME8U
			</td>
			<td>
			6,118,081,136
			</td>
			<td>
			43.9
			</td>
			<td>
			46.6
			</td>
			<td>
			103.2
			</td>
		</tr>
<tr>
<td>
			Suntec REIT
			</td>
			<td>
			T82U
			</td>
			<td>
			5,200,614,500
			</td>
			<td>
			8.9
			</td>
			<td>
			0.4
			</td>
			<td>
			25.0
			</td>
		</tr>
<tr>
<td>
			Keppel REIT
			</td>
			<td>
			K71U
			</td>
			<td>
			4,208,500,000
			</td>
			<td>
			13.8
			</td>
			<td>
			11.4
			</td>
			<td>
			42.7
			</td>
		</tr>
<tr>
<td>
			Mapletree North Asia Commercial Trust
			</td>
			<td>
			RWOU
			</td>
			<td>
			3,801,268,353
			</td>
			<td>
			8.0
			</td>
			<td>
			0.7
			</td>
			<td>
			50.2
			</td>
		</tr>
<tr>
<td>
			Frasers Centrepoint Trust
			</td>
			<td>
			J69U
			</td>
			<td>
			3,224,010,306
			</td>
			<td>
			36.1
			</td>
			<td>
			30.1
			</td>
			<td>
			65.8
			</td>
		</tr>
<tr>
<td>
			SPH REIT
			</td>
			<td>
			SK6U
			</td>
			<td>
			2,977,798,919
			</td>
			<td>
			14.1
			</td>
			<td>
			11.5
			</td>
			<td>
			32.2
			</td>
		</tr>
<tr>
<td>
			OUE Commercial REIT
			</td>
			<td>
			TS0U
			</td>
			<td>
			2,908,115,244
			</td>
			<td>
			31.5
			</td>
			<td>
			15.8
			</td>
			<td>
			5.9
			</td>
		</tr>
<tr>
<td>
			Ascott Residence Trust
			</td>
			<td>
			HMN
			</td>
			<td>
			3,853,861,603
			</td>
			<td>
			30.8
			</td>
			<td>
			12.6
			</td>
			<td>
			31.3
			</td>
		</tr>
<tr>
<td>
			Keppel DC REIT
			</td>
			<td>
			AJBU
			</td>
			<td>
			3,640,241,655
			</td>
			<td>
			66.0
			</td>
			<td>
			60.1
			</td>
			<td>
			115.2
			</td>
		</tr>
<tr>
<td>
			Frasers Logistics &amp; Industrial Trust
			</td>
			<td>
			BUOU
			</td>
			<td>
			2,755,831,048
			</td>
			<td>
			27.7
			</td>
			<td>
			21.0
			</td>
			<td>
			59.5
			</td>
		</tr>
<tr>
<td>
			CDL Hospitality Trusts
			</td>
			<td>
			J85
			</td>
			<td>
			1,928,008,104
			</td>
			<td>
			17.4
			</td>
			<td>
			7.8
			</td>
			<td>
			41.3
			</td>
		</tr>
<tr>
<td>
			Parkway Life REIT
			</td>
			<td>
			C2PU
			</td>
			<td>
			2,184,058,613
			</td>
			<td>
			31.9
			</td>
			<td>
			34.8
			</td>
			<td>
			70.4
			</td>
		</tr>
<tr>
<td>
			ESR-REIT
			</td>
			<td>
			J91U
			</td>
			<td>
			1,935,460,364
			</td>
			<td>
			12.3
			</td>
			<td>
			12.4
			</td>
			<td>
			24.7
			</td>
		</tr>
<tr>
<td>
			Manulife US REIT*
			</td>
			<td>
			BTOU
			</td>
			<td>
			1,584,359,430
			</td>
			<td>
			40.2
			</td>
			<td>
			31.6
			</td>
			<td>
			50.9
			</td>
		</tr>
<tr>
<td>
			CapitaLand Retail China Trust
			</td>
			<td>
			AU8U
			</td>
			<td>
			1,886,144,841
			</td>
			<td>
			27.7
			</td>
			<td>
			15.4
			</td>
			<td>
			33.5
			</td>
		</tr>
<tr>
<td>
			Starhill Global REIT
			</td>
			<td>
			P40U
			</td>
			<td>
			1,561,568,751
			</td>
			<td>
			13.2
			</td>
			<td>
			5.5
			</td>
			<td>
			13.4
			</td>
		</tr>
<tr>
<td>
			Ascendas India Trust
			</td>
			<td>
			CY6U
			</td>
			<td>
			1,863,528,009
			</td>
			<td>
			53.1
			</td>
			<td>
			60.5
			</td>
			<td>
			80.9
			</td>
		</tr>
<tr>
<td>
			Frasers Commercial Trust
			</td>
			<td>
			ND8U
			</td>
			<td>
			1,509,578,619
			</td>
			<td>
			28.9
			</td>
			<td>
			18.3
			</td>
			<td>
			57.0
			</td>
		</tr>
<tr>
<td>
			Frasers Hospitality Trust
			</td>
			<td>
			ACV
			</td>
			<td>
			1,317,664,066
			</td>
			<td>
			7.8
			</td>
			<td>
			-0.3
			</td>
			<td>
			24.3
			</td>
		</tr>
<tr>
<td>
			Far East Hospitality Trust
			</td>
			<td>
			Q5T
			</td>
			<td>
			1,321,410,758
			</td>
			<td>
			29.5
			</td>
			<td>
			11.8
			</td>
			<td>
			35.1
			</td>
		</tr>
<tr>
<td>
			AIMS APAC REIT
			</td>
			<td>
			O5RU
			</td>
			<td>
			1,005,913,124
			</td>
			<td>
			15.6
			</td>
			<td>
			12.2
			</td>
			<td>
			33.3
			</td>
		</tr>
<tr>
<td>
			Sasseur REIT
			</td>
			<td>
			CRPU
			</td>
			<td>
			963,177,866
			</td>
			<td>
			51.5
			</td>
			<td>
			36.5
			</td>
			<td>
			NA
			</td>
		</tr>
<tr>
<td>
			First REIT
			</td>
			<td>
			AW9U
			</td>
			<td>
			793,686,142
			</td>
			<td>
			9.9
			</td>
			<td>
			-1.3
			</td>
			<td>
			-4.9
			</td>
		</tr>
<tr>
<td>
			Cache Logistics Trust
			</td>
			<td>
			K2LU
			</td>
			<td>
			780,550,426
			</td>
			<td>
			11.1
			</td>
			<td>
			3.6
			</td>
			<td>
			14.5
			</td>
		</tr>
<tr>
<td>
			Lippo Malls Indonesia Retail Trust
			</td>
			<td>
			D5IU
			</td>
			<td>
			636,878,578
			</td>
			<td>
			35.0
			</td>
			<td>
			4.5
			</td>
			<td>
			-26.3
			</td>
		</tr>
<tr>
<td>
			Soilbuild Business Space REIT
			</td>
			<td>
			SV3U
			</td>
			<td>
			649,781,193
			</td>
			<td>
			-2.7
			</td>
			<td>
			-9.0
			</td>
			<td>
			0.8
			</td>
		</tr>
<tr>
<td>
			EC World REIT
			</td>
			<td>
			BWCU
			</td>
			<td>
			580,874,521
			</td>
			<td>
			17.0
			</td>
			<td>
			7.6
			</td>
			<td>
			28.3
			</td>
		</tr>
<tr>
<td>
			IREIT Global*
			</td>
			<td>
			UD1U
			</td>
			<td>
			525,708,829
			</td>
			<td>
			20.5
			</td>
			<td>
			19.5
			</td>
			<td>
			41.3
			</td>
		</tr>
<tr>
<td>
			Sabana Shari'ah Comp Ind REIT
			</td>
			<td>
			M1GU
			</td>
			<td>
			479,153,006
			</td>
			<td>
			25.9
			</td>
			<td>
			15.7
			</td>
			<td>
			53.3
			</td>
		</tr>
<tr>
<td>
			RHT Health Trust^
			</td>
			<td>
			RF1U
			</td>
			<td>
			 
			</td>
			<td>
			NA
			</td>
			<td>
			NA
			</td>
			<td>
			NA
			</td>
		</tr>
<tr>
<td>
			Average
			</td>
			<td>
			 
			</td>
			<td>
			 
			</td>
			<td>
			25.2
			</td>
			<td>
			18.0
			</td>
			<td>
			41.7
			</td>
		</tr>
</tbody></table>
Source: Bloomberg &amp; StockFacts (data as of 28 Jan 20) 
Note: Ascendas Hospitality Trust was delisted on 3 Jan 20

*Manulife US REIT is traded in USD, IREIT Global is traded in EUR, with their SGD equivalents shown in the table

^RHT Health Trust is a pure cash trust and has been suspended since 28 Nov 19
</body></html>





The iEdge S-REIT Index comprises 35 constituents with a combined market cap of over S$100 billion. The 36th constituent – Ascendas Hospitality Trust, acquired by Ascott Residences Trust – was delisted on 3 Jan. 
	 
	
So far, 20 constituents have already reported their earnings for the quarter/full-year ended 31 December 2019. Another 15 REITs are scheduled to unveil their Dec quarter results over the next three weeks, with six reporting today and tomorrow. 
	 
	Over the 2019 calendar year, the constituents of the iEdge S-REIT Index have averaged a total return of 25.2%, bringing their one-year and three-year total returns to 18.0% and 41.7% respectively.

 

The iEdge S-REIT Index, which measures the performance of SGX-listed REITs, comprises 35 constituents with a combined market capitalisation of more than S$100 billion. Note that the previous 36th constituent – Ascendas Hospitality Trust, acquired by Ascott Residences Trust – was delisted on 3 Jan 2020.

So far, 20 constituents of the Index have released their earnings for the quarter/full-year ended 31 December 2019, with another 15 scheduled to report their results over the next three weeks. Six trusts– OUE Commercial REIT, Ascott Residence Trust, CDL Hospitality Trusts, Ascendas India Trust, Ascendas REIT and AIMS APAC REIT – will unveil their earnings today and tomorrow.

The table below details the released, confirmed and estimated dates of earnings reports by constituents of the iEdge S-REIT Index, sorted by date. For more updated release dates, click here for the weekly Economic Calendar.




			Name
			
			
			SGX Code 
			
			
			Date 
			
			
			Date Type
			
			
			Period
			
		


			SPH REIT
			
			
			SK6U
			
			
			10-Jan
			
			
			Released
			
			
			Q1
			
		


			Frasers Commercial Trust
			
			
			ND8U
			
			
			15-Jan
			
			
			Released
			
			
			Q1
			
		


			Mapletree North Asia Commercial Trust
			
			
			RWOU
			
			
			17-Jan
			
			
			Released
			
			
			Q3
			
		


			Mapletree Logistics Trust
			
			
			M44U
			
			
			20-Jan
			
			
			Released
			
			
			Q3
			
		


			CapitaLand Commercial Trust
			
			
			C61U
			
			
			21-Jan
			
			
			Released
			
			
			Q4
			
		


			Mapletree Industrial Trust
			
			
			ME8U
			
			
			21-Jan
			
			
			Released
			
			
			Q3
			
		


			Keppel DC REIT
			
			
			AJBU
			
			
			21-Jan
			
			
			Released
			
			
			Q4
			
		


			CapitaLand Mall Trust
			
			
			C38U
			
			
			22-Jan
			
			
			Released
			
			
			Q4
			
		


			Mapletree Commercial Trust
			
			
			N2IU
			
			
			22-Jan
			
			
			Released
			
			
			Q3
			
		


			Suntec REIT
			
			
			T82U
			
			
			22-Jan
			
			
			Released
			
			
			Q4
			
		


			Keppel REIT
			
			
			K71U
			
			
			22-Jan
			
			
			Released
			
			
			Q4
			
		


			Frasers Centrepoint Trust
			
			
			J69U
			
			
			22-Jan
			
			
			Released
			
			
			Q1
			
		


			Parkway Life REIT
			
			
			C2PU
			
			
			22-Jan
			
			
			Released
			
			
			Q4
			
		


			Soilbuild Business Space REIT
			
			
			SV3U
			
			
			22-Jan
			
			
			Released
			
			
			Q4
			
		


			ESR-REIT
			
			
			J91U
			
			
			23-Jan
			
			
			Released
			
			
			Q4
			
		


			Frasers Hospitality Trust
			
			
			ACV
			
			
			23-Jan
			
			
			Released
			
			
			Q1
			
		


			Cache Logistics Trust
			
			
			K2LU
			
			
			23-Jan
			
			
			Released
			
			
			Q4
			
		


			Sabana Shari'ah Comp Ind REIT
			
			
			M1GU
			
			
			23-Jan
			
			
			Released
			
			
			Q4
			
		


			Starhill Global REIT
			
			
			P40U
			
			
			29-Jan
			
			
			Released
			
			
			Q2
			
		


			First REIT
			
			
			AW9U
			
			
			29-Jan
			
			
			Released
			
			
			Q4
			
		


			OUE Commercial REIT
			
			
			TS0U
			
			
			30-Jan
			
			
			Confirmed
			
			
			Q4
			
		


			Ascott Residence Trust
			
			
			HMN
			
			
			30-Jan
			
			
			Confirmed
			
			
			Q4
			
		


			CDL Hospitality Trusts
			
			
			J85
			
			
			30-Jan
			
			
			Confirmed
			
			
			Q4
			
		


			Ascendas India Trust
			
			
			CY6U
			
			
			30-Jan
			
			
			Confirmed
			
			
			Q3
			
		


			Ascendas REIT
			
			
			A17U
			
			
			31-Jan
			
			
			Confirmed
			
			
			Q4
			
		


			AIMS APAC REIT
			
			
			O5RU
			
			
			31-Jan
			
			
			Confirmed
			
			
			Q4
			
		


			Manulife US REIT
			
			
			BTOU
			
			
			05-Feb
			
			
			Confirmed
			
			
			Q4
			
		


			Frasers Logistics &amp; Industrial Trust
			
			
			BUOU
			
			
			06-Feb
			
			
			Confirmed
			
			
			Q1
			
		


			CapitaLand Retail China Trust
			
			
			AU8U
			
			
			07-Feb
			
			
			Confirmed
			
			
			Q4
			
		


			Far East Hospitality Trust
			
			
			Q5T
			
			
			14-Feb
			
			
			Confirmed
			
			
			Q4
			
		


			RHT Health Trust
			
			
			RF1U
			
			
			14-Feb
			
			
			Estimated
			
			
			Q4
			
		


			Sasseur REIT 
			
			
			CRPU
			
			
			20-Feb
			
			
			Confirmed
			
			
			Q4
			
		


			IREIT Global
			
			
			UD1U
			
			
			20-Feb
			
			
			Estimated
			
			
			Q4
			
		


			EC World REIT
			
			
			BWCU
			
			
			21-Feb
			
			
			Estimated
			
			
			Q4
			
		


			Lippo Malls Indonesia Retail Trust
			
			
			D5IU
			
			
			21-Feb
			
			
			Estimated
			
			
			Q4
			
		

 Source: Bloomberg &amp; SGX (data as of 28 Jan 20)

Over the 2019 calendar year, the constituents of the iEdge S-REIT Index have averaged a total return of 25.2%, bringing their one-year and three-year total returns to 18.0% and 41.7% respectively.

The table below details the 35 constituents of the iEdge S-REIT Index, sorted by market cap.




			Name
			
			
			SGX Code
			
			
			Market Cap (S$) 
			
			
			Total Return 2019 (%)
			
			
			Total Return 1Y (%) 
			
			
			Total Return 3Y (%) 
			
		


			Ascendas REIT
			
			
			A17U
			
			
			11,216,382,546
			
			
			24.3
			
			
			22.9
			
			
			54.7
			
		


			CapitaLand Mall Trust
			
			
			C38U
			
			
			9,517,114,578
			
			
			13.4
			
			
			12.5
			
			
			53.2
			
		


			CapitaLand Commercial Trust
			
			
			C61U
			
			
			7,985,409,830
			
			
			19.2
			
			
			16.3
			
			
			61.3
			
		


			Mapletree Commercial Trust
			
			
			N2IU
			
			
			7,770,243,244
			
			
			52.6
			
			
			40.2
			
			
			82.7
			
		


			Mapletree Logistics Trust
			
			
			M44U
			
			
			6,796,694,383
			
			
			46.2
			
			
			39.6
			
			
			106.1
			
		


			Mapletree Industrial Trust
			
			
			ME8U
			
			
			6,118,081,136
			
			
			43.9
			
			
			46.6
			
			
			103.2
			
		


			Suntec REIT
			
			
			T82U
			
			
			5,200,614,500
			
			
			8.9
			
			
			0.4
			
			
			25.0
			
		


			Keppel REIT
			
			
			K71U
			
			
			4,208,500,000
			
			
			13.8
			
			
			11.4
			
			
			42.7
			
		


			Mapletree North Asia Commercial Trust
			
			
			RWOU
			
			
			3,801,268,353
			
			
			8.0
			
			
			0.7
			
			
			50.2
			
		


			Frasers Centrepoint Trust
			
			
			J69U
			
			
			3,224,010,306
			
			
			36.1
			
			
			30.1
			
			
			65.8
			
		


			SPH REIT
			
			
			SK6U
			
			
			2,977,798,919
			
			
			14.1
			
			
			11.5
			
			
			32.2
			
		


			OUE Commercial REIT
			
			
			TS0U
			
			
			2,908,115,244
			
			
			31.5
			
			
			15.8
			
			
			5.9
			
		


			Ascott Residence Trust
			
			
			HMN
			
			
			3,853,861,603
			
			
			30.8
			
			
			12.6
			
			
			31.3
			
		


			Keppel DC REIT
			
			
			AJBU
			
			
			3,640,241,655
			
			
			66.0
			
			
			60.1
			
			
			115.2
			
		


			Frasers Logistics &amp; Industrial Trust
			
			
			BUOU
			
			
			2,755,831,048
			
			
			27.7
			
			
			21.0
			
			
			59.5
			
		


			CDL Hospitality Trusts
			
			
			J85
			
			
			1,928,008,104
			
			
			17.4
			
			
			7.8
			
			
			41.3
			
		


			Parkway Life REIT
			
			
			C2PU
			
			
			2,184,058,613
			
			
			31.9
			
			
			34.8
			
			
			70.4
			
		


			ESR-REIT
			
			
			J91U
			
			
			1,935,460,364
			
			
			12.3
			
			
			12.4
			
			
			24.7
			
		


			Manulife US REIT*
			
			
			BTOU
			
			
			1,584,359,430
			
			
			40.2
			
			
			31.6
			
			
			50.9
			
		


			CapitaLand Retail China Trust
			
			
			AU8U
			
			
			1,886,144,841
			
			
			27.7
			
			
			15.4
			
			
			33.5
			
		


			Starhill Global REIT
			
			
			P40U
			
			
			1,561,568,751
			
			
			13.2
			
			
			5.5
			
			
			13.4
			
		


			Ascendas India Trust
			
			
			CY6U
			
			
			1,863,528,009
			
			
			53.1
			
			
			60.5
			
			
			80.9
			
		


			Frasers Commercial Trust
			
			
			ND8U
			
			
			1,509,578,619
			
			
			28.9
			
			
			18.3
			
			
			57.0
			
		


			Frasers Hospitality Trust
			
			
			ACV
			
			
			1,317,664,066
			
			
			7.8
			
			
			-0.3
			
			
			24.3
			
		


			Far East Hospitality Trust
			
			
			Q5T
			
			
			1,321,410,758
			
			
			29.5
			
			
			11.8
			
			
			35.1
			
		


			AIMS APAC REIT
			
			
			O5RU
			
			
			1,005,913,124
			
			
			15.6
			
			
			12.2
			
			
			33.3
			
		


			Sasseur REIT
			
			
			CRPU
			
			
			963,177,866
			
			
			51.5
			
			
			36.5
			
			
			NA
			
		


			First REIT
			
			
			AW9U
			
			
			793,686,142
			
			
			9.9
			
			
			-1.3
			
			
			-4.9
			
		


			Cache Logistics Trust
			
			
			K2LU
			
			
			780,550,426
			
			
			11.1
			
			
			3.6
			
			
			14.5
			
		


			Lippo Malls Indonesia Retail Trust
			
			
			D5IU
			
			
			636,878,578
			
			
			35.0
			
			
			4.5
			
			
			-26.3
			
		


			Soilbuild Business Space REIT
			
			
			SV3U
			
			
			649,781,193
			
			
			-2.7
			
			
			-9.0
			
			
			0.8
			
		


			EC World REIT
			
			
			BWCU
			
			
			580,874,521
			
			
			17.0
			
			
			7.6
			
			
			28.3
			
		


			IREIT Global*
			
			
			UD1U
			
			
			525,708,829
			
			
			20.5
			
			
			19.5
			
			
			41.3
			
		


			Sabana Shari'ah Comp Ind REIT
			
			
			M1GU
			
			
			479,153,006
			
			
			25.9
			
			
			15.7
			
			
			53.3
			
		


			RHT Health Trust^
			
			
			RF1U
			
			
			 
			
			
			NA
			
			
			NA
			
			
			NA
			
		


			Average
			
			
			 
			
			
			 
			
			
			25.2
			
			
			18.0
			
			
			41.7
			
		

Source: Bloomberg &amp; StockFacts (data as of 28 Jan 20) 
Note: Ascendas Hospitality Trust was delisted on 3 Jan 20

*Manulife US REIT is traded in USD, IREIT Global is traded in EUR, with their SGD equivalents shown in the table

^RHT Health Trust is a pure cash trust and has been suspended since 28 Nov 19



December Quarter S-REIT Earnings Schedule