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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