Syfe drops SPH REIT from REIT+ portfolio, adds Lendlease and AIMS APAC

Syfe is dropping SPH REIT from its REIT+ portfolio, which tracks the iEdge S-REIT Leaders index by the Singapore Exchange (SGX).

In its place, the digital wealth management company is adding Lendlease Global Commercial REIT and AIMS APAC REIT to its constituent list, with 1.5% and 0.9% portfolio weightage respectively. 

This follows SGX’s semi-annual rebalancing of the iEdge S-REIT Leaders index, which adds Lendlease Global Commercial REIT to its list of 27 trusts, effective March 22. Lendlease Global Commercial REIT will constitute 1.27% of the index, while SPH REIT will contribute 0.41%.