Home News REITs

Soilbuild REIT removed from FTSE Singapore All Cap Index

Felicia Tan
Felicia Tan3/30/2021 5:43 PM GMT+08  • 3 min read
Soilbuild REIT removed from FTSE Singapore All Cap Index
As at March 30, there are 31 Singapore-listed REITs and property-related business trusts in the index.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Soilbuild REIT has been removed from the FTSE Singapore All Cap Index and the Benchmark Index, announced the manager of Starhill Global REIT on March 30.

The Benchmark Index is relevant to the determination of the performance fee that may be paid to the manager under the trust deed constituting Starhill Global REIT dated Aug 8, 2005.

Under the deed, the manager is entitled to a performance fee should the accumulated return of the units in Starhill Global REIT in any financial year ending June 30 exceed the total return of the Benchmark Index.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.