SGX S-reit Index outperforms benchmark MSCI World Reit

A man passes the SGX building in Singapore's central business district on March 24, 2016.
A man passes the SGX building in Singapore's central business district on March 24, 2016.PHOTO: REUTERS

SINGAPORE - The SGX S-Reit (real estate investment trust) Index of Singapore Exchange-listed Reits has significantly outperformed the benchmark MSCI World Reit Index, an SGX My Gateway report said on Monday (July 11).

The index generated a total return of 12.2 per cent from Jan 1 to July 8, while the MSCI World Reit Index generated a total return of 7.6 per cent in Singapore dollar terms over the same period.

The report said Singapore's Reit sector comprises 31 Reits and six stapled trusts, which refer to those such as hospitality trusts.

Recent additions to the SGX this year were Manulife US Reit on May May 20, and Frasers Logistics & Industrial Trust on June 21.