The SGX building in Singapore. (Photo: REITsWeek)

A fund tracking REITs across the Asia-Pacific region has significantly increased its dividend, citing robust performance of its constituents.

On a year-to-date basis, the Hang Seng REIT Index, which tracks a basket of Hong Kong-listed REITs, has increased by more than 13%.

Correspondingly its Singapore equivalent, the FTSE ST REIT Index is currently at its 52-week high of 895.96.

Meanwhile, the benchmark S&P/ASX 200 Australian REIT Index has reached its highest level since 2008, at 1,630.40.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.