REIT Data

The following table with Singapore REIT dividends, dividend yields and data (price, market cap, float, dividend payout frequency, year to date return, gearing/leverage and NAV) is updated weekly.




REIT nameSectorCurrencyShare priceMkt capFloatFYEDPU frequencyREIT nameCurrent DPUFwd DPUCurrent yieldFwd yieldYTD returnGearingP/B
CapitaLand Commercial TrustOfficeSGD1.937,23669.8DecSemi-AnlCapitaLand Commercial Trust9.09.04.74.712.935.21.06
Frasers Commercial TrustOfficeSGD1.481,33474.4SepQuarterFrasers Commercial Trust9.89.76.66.69.828.40.93
IREIT GlobalOfficeSGD0.7547230.7DecSemi-AnlIREIT GlobalN.A.N.A.N.A.N.A.6.736.61.01
Keppel REITOfficeSGD1.234,18752.2DecQuarterKeppel REIT5.75.84.64.79.135.70.89
Manulife US REITOfficeUSD0.871,11590.7DecSemi-AnlManulife US REIT6.16.17.07.017.137.21.05
OUE Commercial REITOfficeSGD0.501,42923.9DecSemi-AnlOUE Commercial REIT3.43.56.87.011.539.30.70
Suntec REITOfficeSGD1.895,06661.9DecQuarterSuntec REIT9.99.85.25.27.636.70.90
Keppel-KBS US REITOfficeUSD0.7460786.1DecSemi-AnlKeppel-KBS US REIT5.95.98.08.025.735.10.93
BHG Retail REITRetailSGD0.7035467.5DecSemi-AnlBHG Retail REITN.A.N.A.N.A.N.A.1.330.70.86
CapitaLand Mall TrustRetailSGD2.318,52065.4DecQuarterCapitaLand Mall Trust12.012.55.25.42.934.21.15
CapitaLand Retail China TrustRetailSGD1.521,51862.5DecSemi-AnlCapitaLand Retail China Trust10.210.66.77.015.635.40.96
Fortune REITRetailHKD10.0419,38772.5DecSemi-AnlFortune REIT53.455.45.35.515.620.90.60
Frasers Centrepoint TrustRetailSGD2.332,16557.8SepQuarterFrasers Centrepoint Trust12.412.85.35.58.828.81.11
Lippo Malls Indo Retail TrustRetailSGD0.2057962.6DecQuarterLippo Malls Indo Retail Trust2.42.412.012.011.534.60.70
Mapletree Commercial TrustRetailSGD1.855,34665.7MarQuarterMapletree Commercial Trust9.19.34.95.013.634.81.25
Mapletree North Asia ComRetailSGD1.334,22166.5MarQuarterMapletree North Asia Com7.57.75.65.818.539.01.01
SPH REITRetailSGD1.052,71425.0AugQuarterSPH REIT5.75.85.45.57.830.11.12
Starhill Global REITRetailSGD0.761,64762.9JunQuarterStarhill Global REIT4.74.86.26.412.835.60.84
Sasseur REITRetailSGD0.8095121.4DecSemi-AnlSasseur REIT6.56.78.18.429.029.00.89
AIMS AMP Capital Ind REITIndustrialSGD1.3996071.6MarQuarterAIMS AMP Capital Ind REIT10.311.07.47.96.433.51.02
Ascendas REITIndustrialSGD2.949,14681.0MarSemi-AnlAscendas REIT16.016.55.45.614.436.71.41
Cache Logistics TrustIndustrialSGD0.7277090.0DecQuarterCache Logistics Trust5.85.98.18.35.136.21.08
EC World REITIndustrialSGD0.7962441.3DecQuarterEC World REIT6.36.48.08.216.131.50.91
ESR-REITIndustrialSGD0.521,63557.7DecQuarterESR-REIT4.44.58.58.72.641.91.10
Frasers Logistics & Ind TrustIndustrialSGD1.162,34873.0SepSemi-AnlFrasers Logistics & Ind Trust7.07.16.06.112.635.61.22
Mapletree Industrial TrustIndustrialSGD2.054,14367.9MarQuarterMapletree Industrial Trust12.012.75.96.29.934.71.39
Mapletree Logistics TrustIndustrialSGD1.445,21668.4MarSemi-AnlMapletree Logistics Trust7.98.15.55.616.038.81.28
Sabana REITIndustrialSGD0.4344868.4DecQuarterSabana REITN.A.N.A.N.A.N.A.10.833.90.74
Soilbuild REITIndustrialSGD0.6366965.6DecQuarterSoilbuild REIT5.15.28.18.311.239.31.01
Ascendas Hospitality TrustHospitalitySGD0.911,03364.4MarSemi-AnlAscendas Hospitality Trust5.85.96.46.518.233.10.93
Ascott Residence TrustHospitalitySGD1.202,60755.1DecSemi-AnlAscott Residence Trust7.17.35.96.114.936.70.98
CDL Hospitality TrustsHospitalitySGD1.611,94262.5DecSemi-AnlCDL Hospitality Trusts9.69.86.06.113.634.21.05
Far East Hospitality TrustHospitalitySGD0.671,26939.9DecQuarterFar East Hospitality Trust4.24.56.36.712.540.10.76
Frasers Hospitality TrustHospitalitySGD0.751,40538.1SepSemi-AnlFrasers Hospitality Trust4.94.96.66.66.434.40.99
OUE Hospitality TrustHospitalitySGD0.721,31951.6DecQuarterOUE Hospitality Trust5.15.27.17.29.438.80.96
First REITHealthcareSGD0.9877760.7DecQuarterFirst REIT8.88.99.09.13.834.50.96
ParkwayLife REITHealthcareSGD2.901,75564.2DecQuarterParkwayLife REIT13.013.34.54.611.636.11.54
Keppel DC REITData centreSGD1.492,01474.5DecSemi-AnlKeppel DC REIT7.98.25.35.513.232.51.42
Cromwell European REITOthersEUR0.501,08632.7DecSemi-AnlCromwell European REIT4.14.18.38.316.133.00.97
Accordia Golf TrustReal estate trustSGD0.6267671.1MarSemi-AnlAccordia Golf Trust4.35.47.08.721.824.60.68
Ascendas India TrustReal estate trustSGD1.201,24771.5MarSemi-AnlAscendas India Trust7.07.45.86.211.133.01.36
Dasin Retail TrustReal estate trustSGD0.8849222.8DecSemi-AnlDasin Retail Trust3.73.94.24.46.032.30.63
Asian Pay Television TrustInfrastructure trustSGD0.1825699.9DecQuarterAsian Pay Television Trust1.21.26.76.743.554.10.24
Keppel Infrastructure TrustInfrastructure trustSGD0.472,13359.8DecQuarterKeppel Infrastructure Trust3.93.98.38.31.740.61.72
NetLink NBN TrustInfrastructure trustSGD0.843,25475.0MarSemi-AnlNetLink NBN Trust5.05.26.06.29.214.91.08
First Ship Lease TrustPort and shipping trustSGD0.052975.1DecIrregFirst Ship Lease TrustN.A.N.A.N.A.N.A.0.038.50.14
Hutchison Port HoldingsPort and shipping trustUSD0.242,09172.3DecSemi-AnlHutchison Port Holdings1.92.08.08.22.433.10.61
RHT Health TrustHealthcare trustSGD0.021555.3MarIrregRHT Health TrustN.A.N.A.N.A.N.A.98.230.7N.M.

Updated: 27th June 2019

PropertyInvestSG shall not be held liable for errors or omissions in the data.

1) SGD/JPY = 0.012107; SGD/USD = 1.3556; SGD/HKD = 0.1728; USD/HKD = 0.12749; SGD/EUR = 1.5242; SGD/AUD = 0.9688; CNY/SGD = 4.9463
2) Curr/Fwd DPU and yield are based on Bloomberg consensus forecasts for the current/next financial year
3) D/A (Debt-to-Asset) and P/B (Price-to-Book) are based on figures reported in latest available financial results
4) YTD return includes dividends distributed
5) AIMS AMP Capital Industrial REIT has changed its name to AIMS APAC REIT with effect from 11 Apr 2019

REIT Market cap

Total REIT market cap stands at S$95.2b. Among the REITs, office has a market cap of S$22.1b, retail S$31.4b, industrial S$26.0b, hospitality S$9.6b, healthcare S$2.5b, data centres S$2.0b and others S$1.7b.

Number of REITs

There are 8 office REITs, 11 retail REITs, 10 industrial REITs, 6 hospitality REITs, 2 healthcare REITs, 1 data centre REIT and 1 REIT in the Others category, for a total of 39 REITs.

REIT currencies

There are 35 SGD denominated REITs, 2 USD denominated REITs, 1 EUR denominated REIT and 1 HKD denominated REIT.

REIT financial year end

27 REITs have Financial Years Ending in December, 7 REITs have Financial Years Ending in March, 3 REITs have Financial Years Ending in September, 1 REIT has a Financial Year Ending in June, 1 REIT has a Financial Year Ending in August.




REIT dividend/distribution payout frequency

18 REITs pay distributions on a semi-annual basis while 21 REITs pay distributions on a quarterly basis.

REIT dividend/distribution yields

The average yield for all REITs is 6.6%.
The REIT with the lowest yield is ParkwayLife REIT at 4.5%.
The REIT with the highest yield is Lippo Malls Indo Retail Trust at 12%.

The average yield for office REITs is 6.1%.
The office REIT with the lowest yield is Keppel REIT at 4.6%.
The office REIT with the highest yield is Keppel-KBS US REIT at 8%.

The average yield for retail REITs is 6.5%.
The retail REIT with the lowest yield is Mapletree Commercial Trust at 4.9%.
The retail REIT with the highest yield is Lippo Malls Indo Retail Trust at 12%.

The average yield for industrial REITs is 7.0%.
The industrial REIT with the lowest yield is Ascendas REIT at 5.4%.
The industrial REIT with the highest yield is ESR-REIT at 8.5%.

The average yield for hospitality REITs is 6.4%.
The hospitality REIT with the lowest yield is Ascott Residence Trust at 5.9%.
The hospitality REIT with the highest yield is OUE Hospitality Trust at 7.1%.

There are only 2 healthcare REITS, First REIT and Parkway Life REIT.
First REIT has a yield of 9% while Parkway Life REIT has a yield of 4.5%.

There is only 1 data centre REIT, Keppel DC REIT, which has a yield of 5.3%.

There is only 1 REIT in the Others category, Cromwell European REIT, which has a yield of 8.3%.




REIT forward dividend/distribution yields

Forward dividend yields are based on Bloomberg consensus forecasts for the current/next financial year.

The average forward yield for all REITs is 6.7%.
The REIT with the lowest forward yield is ParkwayLife REIT at 4.6%.
The REIT with the highest forward yield is Lippo Malls Indo Retail Trust at 12%.

The average forward yield for office REITs is 6.2%.
The office REIT with the lowest forward yield is CapitaLand Commercial Trust at 4.7%.
The office REIT with the highest forward yield is Keppel-KBS US REIT at 8%.

The average forward yield for retail REITs is 6.7%.
The retail REIT with the lowest forward yield is Mapletree Commercial Trust at 5%.
The retail REIT with the highest forward yield is Lippo Malls Indo Retail Trust at 12%.

The average forward yield for industrial REITs is 7.2%.
The industrial REIT with the lowest forward yield is Ascendas REIT at 5.6%.
The industrial REIT with the highest forward yield is ESR-REIT at 8.7%.

The average forward yield for hospitality REITs is 6.5%.
The hospitality REIT with the lowest forward yield is CDL Hospitality Trusts at 6.1%.
The hospitality REIT with the highest forward yield is First REIT at 7.2%.

There are only 2 healthcare REITS, First REIT and Parkway Life REIT.
First REIT has a forward yield of 9.1% while Parkway Life REIT has a forward yield of 4.6%.

There is only 1 data centre REIT, Keppel DC REIT, which has a forward yield of 5.5%.

There is only 1 REIT in the Others category, Cromwell European REIT, which has a forward yield of 8.3%.




REIT year to date returns

The average YTD return for all REITs is 11.9%.
The REIT with the lowest YTD return is BHG Retail REIT at 1.3%.
The REIT with the highest YTD return is Sasseur REIT at 29%.

The average YTD return for office REITs is 12.6%.
The office REIT with the lowest YTD return is IREIT Global at 6.7%.
The office REIT with the highest YTD return is Keppel-KBS US REIT at 25.7%.

The average YTD return for retail REITs is 12.5%.
The retail REIT with the lowest YTD return is BHG Retail REIT at 1.3%.
The retail REIT with the highest YTD return is Sasseur REIT at 29%.

The average YTD return for industrial REITs is 10.5%.
The industrial REIT with the lowest YTD return is ESR-REIT at 2.6%.
The industrial REIT with the highest YTD return is EC World REIT at 16.1%.

The average YTD return for hospitality REITs is 12.5%.
The hospitality REIT with the lowest YTD return is OUE Hospitality Trust at 6.4%.
The hospitality REIT with the highest YTD return is Ascott Residence Trust at 18.2%.

There are only 2 healthcare REITS, First REIT and Parkway Life REIT.
First REIT has a YTD return of 3.8% while Parkway Life REIT has a YTD return of 11.6%.

There is only 1 data centre REIT, Keppel DC REIT, which has a YTD return of 13.2%.

There is only 1 REIT in the Others category, Cromwell European REIT, which has a YTD return of 16.1%.




REIT gearing

The average gearing for all REITs is 34.7%.
The REIT with the lowest gearing is Fortune REIT at 20.9%.
The REIT with the highest gearing is ESR-REIT at 41.9%.

The average gearing for office REITs is 35.5%.
The office REIT with the lowest gearing is Frasers Commercial Trust at 28.4%.
The office REIT with the highest gearing is OUE Commercial REIT at 39.3%.

The average gearing for retail REITs is 32.1%.
The retail REIT with the lowest gearing is Fortune REIT at 20.9%.
The retail REIT with the highest gearing is Mapletree North Asia Com at 39%.

The average gearing for industrial REITs is 36.2%.
The industrial REIT with the lowest gearing is EC World REIT at 31.5%.
The industrial REIT with the highest gearing is ESR-REIT at 41.9%.

The average gearing for hospitality REITs is 36.2%.
The hospitality REIT with the lowest gearing is Ascott Residence Trust at 33.1%.
The hospitality REIT with the highest gearing is Frasers Hospitality Trust at 40.1%.

There are only 2 healthcare REITS, First REIT and Parkway Life REIT.
First REIT has a gearing of 34.5% while Parkway Life REIT has a gearing of 36.1%.

There is only 1 data centre REIT, Keppel DC REIT, which has a gearing of 32.5%.

There is only 1 REIT in the Others category, Cromwell European REIT, which has a gearing of 33%.




REIT Price to Book or Price to NAV ratio

The average Price to Book value for all REITs is 1.02.
The REIT with the lowest Price to Book value is Fortune REIT at 0.6.
The REIT with the highest Price to Book value is ParkwayLife REIT at 1.54.

The average Price to Book value for office REITs is 0.93.
The office REIT with the lowest Price to Book value is OUE Commercial REIT at 0.7.
The office REIT with the highest Price to Book value is CapitaLand Commercial Trust at 1.06.

The average Price to Book value for retail REITs is 0.95.
The retail REIT with the lowest Price to Book value is Fortune REIT at 0.6.
The retail REIT with the highest Price to Book value is Mapletree Commercial Trust at 1.25.

The average Price to Book value for industrial REITs is 1.12.
The industrial REIT with the lowest Price to Book value is Sabana REIT at 0.74.
The industrial REIT with the highest Price to Book value is Ascendas REIT at 1.41.

The average Price to Book value for hospitality REITs is 0.95.
The hospitality REIT with the lowest Price to Book value is Frasers Hospitality Trust at 0.76.
The hospitality REIT with the highest Price to Book value is Far East Hospitality Trust at 1.05.

There are only 2 healthcare REITS, First REIT and Parkway Life REIT.
First REIT has a Price to Book value of 0.96 while Parkway Life REIT has a Price to Book value of 1.54.

There is only 1 data centre REIT, Keppel DC REIT, which has a Price to Book value of 1.42.

There is only 1 REIT in the Others category, Cromwell European REIT, which has a Price to Book value of 0.97.