SINGAPORE (Feb 5): Singapore-focused office real estate investment trusts are being increasingly seen as a proxy for rising GDP growth. Their distribution per unit (DPU) yields are below 5%, yet their unit prices continued to rise last year. Perhaps they have risen too much — the largest office REITs did retreat somewhat in January. But, if the rental outlook remains positive, their asset valuations may rise further, propelling their net asset values higher.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

SUBSCRIBE NOW