Singapore REITs Daily Radar: REITs Up, AW9U 11% Yield | Oct 29, 2026

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The FTSE ST All-Share Real Estate REITs Index rose 0.16% to 650.450 on Oct 29, while the Straits Times Index fell 0.03% to 5,396.03. Breadth was positive but uneven: 15 of 38 S-REITs advanced, 8 declined and 15 closed flat, for an equal-weighted gain of 0.22%. Turnover totalled S$277.3M across the 29 SGD-traded S-REITs, 0.82x the S$336.8M 20-day average, and the tape was concentrated — CapitaLand Ascendas REIT (A17U) carried 25.0% of that pool at S$69.3M. Advances were led by office and data-centre names.

Fund Flows

Flows were mixed across the 29 SGD-traded S-REITs, with 16 counters posting net inflows against 13 net outflows for a modest S$10.56M aggregate. CapitaLand Integrated Commercial Trust (C38U) drew the day's largest net inflow at S$5.12M, ahead of CapitaLand Ascendas REIT at S$2.66M. Mapletree Industrial Trust (ME8U) saw the largest net outflow at S$3.79M, with Suntec REIT (T82U) next at S$1.35M.

Price Action

Keppel REIT (K71U) was the day's most notable mover, up 1.25% to S$0.810 on S$9.4M of turnover, 0.8x its 20-day average — a drift on below-average volume rather than a standout. No company announcement accompanied the move. Keppel DC REIT (AJBU) added 0.96% to S$2.100 on S$18.5M, 0.7x its average, keeping data-centre names bid amid the AI build-out. Mapletree Pan Asia Commercial Trust (N2IU) slipped 0.88% to S$1.130 on S$19.3M, 1.2x its average.

Announcements

Mapletree Industrial Trust is prioritising US data-centre divestments as second-quarter income slipped, The Business Times reported. No corporate actions were filed today.

Distribution Watch

Frasers Centrepoint Trust (J69U) and Suntec REIT (T82U) went ex-distribution on Oct 29, and their 2.36% and 1.48% declines reflect that mechanical adjustment rather than fresh selling. Their per-unit amounts have not been fully declared; Frasers Centrepoint Trust carries a 5.97% indicative trailing yield on a S$0.1235 12-month distribution, and Suntec REIT 6.06% on S$0.0805. Looking ahead, Mapletree Industrial Trust goes ex on Nov 3 (payable Dec 9), UI Boustead REIT (UIBU) the same day (Dec 7), Mapletree Logistics Trust (M44U) on Nov 4 (Dec 17) and First REIT (AW9U) on Nov 5 (Dec 18). First REIT offers the highest indicative trailing yield among the group at 10.98%, built on a S$0.0202 12-month distribution, ahead of Mapletree Industrial Trust at 7.25% on S$0.1255 and Mapletree Logistics Trust at 6.79% on S$0.0727.

Prices reflect the SGX close on Oct 29, 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.

Source: SG REIT Radar The copyright of this article belongs to the original author/organization.

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