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 name	Sector	Currency	Share price	Mkt cap	Float	FYE	DPU frequency	REIT name	Current DPU	Fwd DPU	Current yield	Fwd yield	YTD return	Gearing	P/B
CapitaLand Commercial Trust	Office	SGD	1.95	7,311	69.8	Dec	Semi-Anl	CapitaLand Commercial Trust	9.0	9.0	4.6	4.6	14.0	34.9	1.06
Frasers Commercial Trust	Office	SGD	1.45	1,307	74.4	Sep	Quarter	Frasers Commercial Trust	9.8	9.7	6.8	6.7	7.6	28.4	0.92
IREIT Global	Office	SGD	0.75	472	30.7	Dec	Semi-Anl	IREIT Global	N.A.	N.A.	N.A.	N.A.	6.7	36.6	1.01
Keppel REIT	Office	SGD	1.27	4,323	52.2	Dec	Quarter	Keppel REIT	5.7	5.8	4.5	4.6	12.7	36.3	0.91
Manulife US REIT	Office	USD	0.87	1,108	90.7	Dec	Semi-Anl	Manulife US REIT	6.1	6.1	7.1	7.1	16.4	37.2	1.04
OUE Commercial REIT	Office	SGD	0.51	1,458	23.9	Dec	Semi-Anl	OUE Commercial REIT	3.4	3.5	6.7	6.9	13.8	39.3	0.72
Suntec REIT	Office	SGD	1.96	5,254	61.9	Dec	Quarter	Suntec REIT	9.9	9.9	5.1	5.1	11.6	36.7	0.93
Keppel-KBS US REIT	Office	USD	0.70	570	86.9	Dec	Semi-Anl	Keppel-KBS US REIT	5.9	5.9	8.5	8.5	18.0	35.1	0.87
BHG Retail REIT	Retail	SGD	0.70	351	67.5	Dec	Semi-Anl	BHG Retail REIT	N.A.	N.A.	N.A.	N.A.	0.5	30.7	0.85
CapitaLand Mall Trust	Retail	SGD	2.39	8,815	65.4	Dec	Quarter	CapitaLand Mall Trust	12.0	12.4	5.0	5.2	6.5	34.2	1.19
CapitaLand Retail China Trust	Retail	SGD	1.54	1,517	62.1	Dec	Semi-Anl	CapitaLand Retail China Trust	10.2	10.6	6.6	6.9	17.1	35.4	0.97
Fortune REIT	Retail	HKD	9.94	19,163	72.6	Dec	Semi-Anl	Fortune REIT	53.5	55.4	5.4	5.6	14.4	20.9	0.60
Frasers Centrepoint Trust	Retail	SGD	2.33	2,162	57.9	Sep	Quarter	Frasers Centrepoint Trust	12.4	12.8	5.3	5.5	8.8	28.8	1.11
Lippo Malls Indo Retail Trust	Retail	SGD	0.20	563	63.3	Dec	Quarter	Lippo Malls Indo Retail Trust	2.5	2.4	12.7	12.2	9.8	34.6	0.69
Mapletree Commercial Trust	Retail	SGD	1.87	5,404	65.7	Mar	Quarter	Mapletree Commercial Trust	9.1	9.3	4.9	5.0	14.8	34.8	1.26
Mapletree North Asia Com	Retail	SGD	1.29	4,094	66.5	Mar	Quarter	Mapletree North Asia Com	7.5	7.7	5.8	6.0	14.9	39.0	0.98
SPH REIT	Retail	SGD	1.04	2,688	25.0	Aug	Quarter	SPH REIT	5.7	5.8	5.5	5.6	5.4	26.3	1.10
Starhill Global REIT	Retail	SGD	0.70	1,527	62.9	Jun	Quarter	Starhill Global REIT	4.7	4.8	6.7	6.9	4.6	35.6	0.78
Sasseur REIT	Retail	SGD	0.74	874	21.4	Dec	Semi-Anl	Sasseur REIT	6.4	6.6	8.7	9.0	18.5	29.0	0.81
AIMS AMP Capital Ind REIT	Industrial	SGD	1.41	971	71.5	Mar	Quarter	AIMS AMP Capital Ind REIT	10.3	11.0	7.3	7.8	8.0	33.5	1.04
Ascendas REIT	Industrial	SGD	2.86	8,897	81.0	Mar	Semi-Anl	Ascendas REIT	16.0	16.5	5.6	5.8	11.3	36.7	1.37
Cache Logistics Trust	Industrial	SGD	0.72	775	90.3	Dec	Quarter	Cache Logistics Trust	5.8	6.0	8.1	8.3	5.8	36.2	1.09
EC World REIT	Industrial	SGD	0.77	610	41.4	Dec	Semi-Anl	EC World REIT	6.3	6.4	8.2	8.3	13.9	31.5	0.89
ESR-REIT	Industrial	SGD	0.54	1,696	57.7	Dec	Quarter	ESR-REIT	4.4	4.5	8.2	8.4	6.6	41.9	1.15
Frasers Logistics & Ind Trust	Industrial	SGD	1.15	2,328	73.0	Sep	Semi-Anl	Frasers Logistics & Ind Trust	7.0	7.1	6.1	6.2	11.7	35.6	1.21
Mapletree Industrial Trust	Industrial	SGD	2.08	4,198	67.9	Mar	Quarter	Mapletree Industrial Trust	12.0	12.8	5.8	6.2	11.5	34.7	1.41
Mapletree Logistics Trust	Industrial	SGD	1.45	5,252	68.4	Mar	Semi-Anl	Mapletree Logistics Trust	7.9	8.1	5.4	5.6	16.8	38.8	1.29
Sabana REIT	Industrial	SGD	0.42	442	68.4	Dec	Quarter	Sabana REIT	N.A.	N.A.	N.A.	N.A.	9.5	36.8	0.73
Soilbuild REIT	Industrial	SGD	0.61	642	65.6	Dec	Quarter	Soilbuild REIT	5.1	5.2	8.4	8.6	6.8	39.1	0.96
Ascendas Hospitality Trust	Hospitality	SGD	0.88	993	64.4	Mar	Semi-Anl	Ascendas Hospitality Trust	5.8	5.9	6.6	6.7	13.6	33.1	0.89
Ascott Residence Trust	Hospitality	SGD	1.18	2,564	55.1	Dec	Semi-Anl	Ascott Residence Trust	7.1	7.2	6.0	6.1	13.0	36.7	0.97
CDL Hospitality Trusts	Hospitality	SGD	1.63	1,967	62.5	Dec	Semi-Anl	CDL Hospitality Trusts	9.6	9.8	5.9	6.0	15.1	34.2	1.07
Far East Hospitality Trust	Hospitality	SGD	0.67	1,247	40.1	Dec	Quarter	Far East Hospitality Trust	4.2	4.4	6.3	6.6	11.6	40.1	0.76
Frasers Hospitality Trust	Hospitality	SGD	0.74	1,386	38.1	Sep	Semi-Anl	Frasers Hospitality Trust	4.8	4.9	6.5	6.7	5.0	34.4	0.97
OUE Hospitality Trust	Hospitality	SGD	0.73	1,338	51.2	Dec	Quarter	OUE Hospitality Trust	5.1	5.2	7.0	7.1	10.9	38.8	0.97
First REIT	Healthcare	SGD	0.99	782	60.9	Dec	Quarter	First REIT	8.8	8.9	8.9	9.0	2.6	35.0	0.97
ParkwayLife REIT	Healthcare	SGD	2.91	1,761	64.2	Dec	Quarter	ParkwayLife REIT	13.0	13.3	4.5	4.6	11.9	36.1	1.55
Keppel DC REIT	Data centre	SGD	1.46	1,974	74.5	Dec	Semi-Anl	Keppel DC REIT	7.9	8.2	5.4	5.6	10.9	30.8	1.37
Cromwell European REIT	Others	EUR	0.49	1,075	42.6	Dec	Semi-Anl	Cromwell European REIT	N.A.	N.A.	N.A.	N.A.	14.9	33.0	0.96
Accordia Golf Trust	Real estate trust	SGD	0.61	671	71.1	Mar	Semi-Anl	Accordia Golf Trust	4.0	5.3	6.5	8.6	20.8	24.6	0.66
Ascendas India Trust	Real estate trust	SGD	1.19	1,237	71.5	Mar	Semi-Anl	Ascendas India Trust	7.0	7.4	5.9	6.2	10.2	33.0	1.35
Dasin Retail Trust	Real estate trust	SGD	0.86	481	22.8	Dec	Semi-Anl	Dasin Retail Trust	3.7	3.9	4.3	4.5	3.6	32.3	0.62
Asian Pay Television Trust	Infrastructure trust	SGD	0.13	183	99.9	Dec	Quarter	Asian Pay Television Trust	1.2	1.2	9.4	9.4	2.4	54.1	0.17
Keppel Infrastructure Trust	Infrastructure trust	SGD	0.49	1,871	56.0	Dec	Quarter	Keppel Infrastructure Trust	3.9	3.9	8.0	8.0	5.0	40.6	1.78
NetLink NBN Trust	Infrastructure trust	SGD	0.81	3,157	75.0	Mar	Semi-Anl	NetLink NBN Trust	5.0	5.1	6.2	6.3	5.9	14.9	1.05
First Ship Lease Trust	Port and shipping trust	SGD	0.05	31	75.1	Dec	Irreg	First Ship Lease Trust	N.A.	N.A.	N.A.	N.A.	6.7	38.5	0.15
Hutchison Port Holdings	Port and shipping trust	USD	0.24	2,091	72.3	Dec	Semi-Anl	Hutchison Port Holdings	1.9	2.0	8.0	8.2	2.4	33.1	0.61
RHT Health Trust	Healthcare trust	SGD	0.02	14	55.3	Mar	Irreg	RHT Health Trust	N.A.	N.A.	N.A.	N.A.	87.2	30.7	N.M.

Updated: 20th April 2019

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

1) SGD/JPY = 0.012284; SGD/USD = 1.3528; SGD/HKD = 0.1724; USD/HKD = 0.12742; SGD/EUR = 1.5285; SGD/AUD = 0.9575; CNY/SGD = 4.9669
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) Mapletree Greater China Commercial Trust has changed its name to Mapletree North Asia Commercial Trust with effect from 25 May 2018

REIT Market cap

Total REIT market cap stands at S$95.2b. Among the REITs, office has a market cap of S$22.4b, retail S$31.3b, industrial S$25.8b, hospitality S$9.5b, healthcare S$2.5b, data centres S$2.0b and others S$1.6b.

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 Keppel REIT at 4.5%.
The REIT with the highest yield is Lippo Malls Indo Retail Trust at 12.7%.

The average yield for office REITs is 6.2%.
The office REIT with the lowest yield is Keppel REIT at 4.5%.
The office REIT with the highest yield is Keppel-KBS US REIT at 8.5%.

The average yield for retail REITs is 6.7%.
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 12.7%.

The average yield for industrial REITs is 7.0%.
The industrial REIT with the lowest yield is Mapletree Logistics Trust at 5.4%.
The industrial REIT with the highest yield is Soilbuild REIT at 8.4%.

The average yield for hospitality REITs is 6.4%.
The hospitality REIT with the lowest yield is CDL Hospitality Trusts at 5.9%.
The hospitality REIT with the highest yield is OUE Hospitality Trust at 7%.

There are only 2 healthcare REITS, First REIT and Parkway Life REIT.
First REIT has a yield of 8.9% 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 5.4%.

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

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 CapitaLand Commercial Trust at 4.6%.
The REIT with the highest forward yield is Lippo Malls Indo Retail Trust at 12.2%.

The average forward yield for office REITs is 6.2%.
The office REIT with the lowest forward yield is CapitaLand Commercial Trust at 4.6%.
The office REIT with the highest forward yield is Keppel-KBS US REIT at 8.5%.

The average forward yield for retail REITs is 6.8%.
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 12.2%.

The average forward yield for industrial REITs is 7.2%.
The industrial REIT with the lowest forward yield is Mapletree Logistics Trust at 5.6%.
The industrial REIT with the highest forward yield is Soilbuild REIT at 8.6%.

The average forward yield for hospitality REITs is 6.5%.
The hospitality REIT with the lowest forward yield is Far East Hospitality Trust at 6%.
The hospitality REIT with the highest forward yield is First REIT at 7.1%.

There are only 2 healthcare REITS, First REIT and Parkway Life REIT.
First REIT has a forward yield of 9% 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 5.6%.

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

REIT year to date returns

The average YTD return for all REITs is 11.0%.
The REIT with the lowest YTD return is BHG Retail REIT at 0.5%.
The REIT with the highest YTD return is Sasseur REIT at 18.5%.

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 18%.

The average YTD return for retail REITs is 10.5%.
The retail REIT with the lowest YTD return is BHG Retail REIT at 0.5%.
The retail REIT with the highest YTD return is Sasseur REIT at 18.5%.

The average YTD return for industrial REITs is 10.2%.
The industrial REIT with the lowest YTD return is Cache Logistics Trust at 5.8%.
The industrial REIT with the highest YTD return is Mapletree Logistics Trust at 16.8%.

The average YTD return for hospitality REITs is 11.5%.
The hospitality REIT with the lowest YTD return is OUE Hospitality Trust at 5%.
The hospitality REIT with the highest YTD return is Far East Hospitality Trust at 15.1%.

There are only 2 healthcare REITS, First REIT and Parkway Life REIT.
First REIT has a YTD return of 2.6% while Parkway Life REIT has a YTD return of 11.9%.

There is only 1 data centre REIT, Keppel DC REIT, which has a YTD return of 10.9%.

There is only 1 REIT in the Others category, Cromwell European REIT, which has a YTD return of 14.9%.

REIT gearing

The average gearing for all REITs is 34.6%.
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 35.6%.
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 31.8%.
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 36.5%.
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 35% 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 30.8%.

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 1.01.
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 1.55.

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 0.72.
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 0.94.
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 1.26.

The average Price to Book value for industrial REITs is 1.11.
The industrial REIT with the lowest Price to Book value is Sabana REIT at 0.73.
The industrial REIT with the highest Price to Book value is Mapletree Industrial Trust at 1.41.

The average Price to Book value for hospitality REITs is 0.94.
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 1.07.

There are only 2 healthcare REITS, First REIT and Parkway Life REIT.
First REIT has a Price to Book value of 0.97 while Parkway Life REIT has a Price to Book value of 1.55.

There is only 1 data centre REIT, Keppel DC REIT, which has a Price to Book value of 1.37.

There is only 1 REIT in the Others category, Cromwell European REIT, which has a Price to Book value of 0.96.