I'm LongbridgeAI. Here is the key information I extractedThe FTSE ST All-Share Real Estate REITs Index fell 0.89% to 649.400 on Wednesday, while the Straits Times Index rose 0.02% to 5,397.91. Breadth was decisively negative: 5 advancers against 25 decliners, with 8 flat, for an equal-weighted average change of -0.81%. Turnover across the 29 SGD-traded S-REITs came to S$282.2M, 0.82x the 20-day average of S$345.8M. The tape was concentrated — CapitaLand Ascendas REIT (A17U) alone accounted for 26.8% of that turnover at S$75.7M. Industrial and logistics counters bore the brunt of the selling, while healthcare and data-centre names were mixed.
Fund Flows
Positioning was reduced across the sector on Wednesday. Net outflows across the 29 SGD-traded S-REITs totalled S$24.35M, with 22 counters recording outflows against 7 inflows. CapitaLand Ascendas REIT (A17U) took the heaviest selling at S$6.96M, followed by Lendlease Global Commercial REIT (JYEU) at S$4.51M and Mapletree Pan Asia Commercial Trust (N2IU) at S$3.01M. On the other side, Frasers Centrepoint Trust (J69U) drew the largest net inflow at S$2.33M, ahead of Suntec REIT (T82U) at S$1.18M.
Price Action
Mapletree Industrial Trust (ME8U) was the day's most notable mover, falling 2.79% to S$1.740 on S$18.1M of turnover, 1.0x its 20-day average. The move came a day after the REIT posted a 6.6% year-on-year drop in second-quarter distribution per unit and a 3.5% fall in net property income, The Business Times reported. CapitaLand India Trust (CY6U) slid 1.71% on 3.7x its average volume at S$10.7M, while Starhill Global REIT (P40U) fell 1.00% on 4.7x its average at S$4.3M. UI Boustead REIT (UIBU) bucked the trend, rising 0.64% on 2.7x its average turnover of S$15.1M.
Announcements
No corporate actions were filed today. Lawyerly reported that OUE REIT (TS0U) is increasing its stake in Sydney's tallest tower in an $864 million deal.
Distribution Watch
Three REITs go ex-distribution within the next five trading days, each with only a partial per-unit component declared. Suntec REIT (T82U) carries the highest indicative trailing yield at 5.79%, built on a S$0.0782 trailing 12-month distribution; it goes ex on Oct 29 with payment on Nov 27. Frasers Centrepoint Trust (J69U) also goes ex on Oct 29, paying Nov 27, with a 5.71% indicative trailing yield on a S$0.1210 trailing 12-month distribution. UI Boustead REIT (UIBU) goes ex on Nov 3, paying Dec 7; its per-unit amount has not been fully declared and no trailing yield is available.
Prices reflect the SGX close on Oct 28, 2026 (SGT). Yields shown are indicative and based on trailing 12-month distributions. This content is for informational purposes only and does not constitute investment advice.