Gemini Summarized:
The performance of S-REITs in 2024 was mixed. Large-cap, Singapore-focused REITs did well, while small and mid-cap REITs, especially those with overseas assets, underperformed.
Here are the top 10 S-REITs that achieved positive year-to-date gains in 2024:
- Cromwell Reit EUR (CWBU.SG) with a 24% increase
- Keppel DC Reit (AJBU.SG) at 19%
- EliteUKREIT GBP (MXNU.SG) at 15%
Here are the top 10 S-REITs with the highest dividend yields in 2024:
- Prime US ReitUSD (OXMU.SG) with a 14.37% yield
- KepPacOakReitUSD (CMOU.SG) with a 12.38% yield
- EliteUKREIT GBP (MXNU.SG) with a 10.34% yield
Investors looking for stable income may be interested in high dividend-yielding REITs, even if their share prices haven't grown much. However, it's important to stay alert to global economic changes and policy shifts, as they can increase market volatility.