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Green shoots for retail and hospitality S-Reits amid new pandemic phase
In the month to date, the top 5 performing retail and hospitality related S-Reits averaged 9 per cent total returns (and 4.8 per cent average total returns on a year-to-date basis). They are CDL HT (10.7 per cent total returns), CICT (10 per cent), Far East HT (9 per cent), Suntec Reit (8.8 per cent) and Frasers HT (6.7 per cent).
The 5 saw a combined institutional net buy of S$67.5 million in the year to date.