These 3 trusts have generated the highest yields as SGX newcomers

SINGAPORE (Aug 22): Over the past five years, as many 15 trusts – comprising 10 real estate investment trusts (REITs) and stapled trusts – have listed on the Singapore Exchange (SGX) to make up about one quarter of the combined market capitalisation of listed REITs and stapled trusts in Singapore.

These trusts invest in property assets spanning hotels, shopping centres, office towers, industrial parks as well as high-tech and e-commerce facilities.

In the weekly newsletter by SGX Gateway, market strategist Geoff Howie notes that all of the 15 trusts have generated dividend-inclusive gains in the 2017 year to date (YTD), which outpaced the Straits Times Index (STI) on average, with average total returns of 17.5%.

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