SINGAPORE (Jan 10): Viva Industrial Trust is the highest yielding industrial real estate investment trust in Singapore, offering a 9.5% dividend yield for FY17, based on Bloomberg estimates.

According to CIMB analysts Yeo Zhibin and Lock Mun Yee in an unrated note on Monday, Viva also has the highest concentration of business parks in its portfolio among SREITs at 54.2%.

Viva is a Singapore-focused business park and industrial trust, and would have 9 assets with AUMs of $1.3billion and a net lettable area of 3.3milllion sq ft, upon the completion of the acquisition of 6 Chin Bee Avenue.

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