Suntec REIT Suntec City REITsWeek

Suntec REIT was the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors for the entire March of 2023.

Suntec REIT is a mixed commercial REIT with an investment portfolio of office and retail assets across Australia, Singapore and the UK.

For several weeks in March 2023, Suntec REIT emerged as the top REIT disposed of by institutional investors, amid concerns over rising interest rates and the US banking sector.

Related: Suntec REIT sees SGD24 million outflow of institutional funds amid Fed rate hike

Dear members, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?

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.