Australia REITs and Japan REITs are being featured prominently in a new REIT index that was jointly launched by the Singapore Exchange (SGX) and UOB Asset Management (UOBAM).

The index, which is known as the iEdge-UOB APAC Yield Focus Green REIT Index, aims to track Asia-Pacific REITs with higher dividend yields and positive environmental attributes.

The index consist of 50 higher-yielding REITs that display relatively better environmental performance based on GRESB’s real estate assessment while also meeting liquidity requirements, said SGX and UOBAM on 15 October.

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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.