Ascendas REIT's property in Changi Business Park, One@Changi City. (Photo: REITsWeek)

Ascendas REIT saw SGD18.2 million in net institutional funds inflow for the trading week that began on 31 August.

The inflow was achieved on the back of positive news surrounding Singapore’s manufacturing sector.

Ascendas REIT is a Singapore-heavy industrial REIT with a portfolio that includes properties in Australia, the UK, and the US.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.