The Singapore skyline, with a view of major properties held by REITs. (Photo: REITsWeek)The Singapore skyline, with a view of major properties held by REITs. (Photo: REITsWeek)

FTSE Russell has announced that there will be no changes to the constituents of the Straits Times Index (STI) following its quarterly review in March 2022.

As such, all seven Singapore REIT constituents continue to remain on the index.

These are Ascendas REIT, CapitaLand Integrated Commercial Trust, Frasers Logistics & Commercial Trust, Keppel DC REIT, Mapletree Commercial Trust, Mapletree Industrial Trust, and Mapletree Logistics Trust.

Meanwhile, the STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalization, will be Olam International, Suntec REIT, Keppel REIT, Frasers Centrepoint Trust and Mapletree North Asia Commercial Trust.

Stocks on the reserve list will replace any constituents that become ineligible as a result of corporate actions before the next review.

The next review of the STI will take place in June 2022.

By Shariffa Al-Habshee

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