S-Reits rebound 6% in November

After falling 5.6% in October, the iEdge S-Reit Index rebounded by 5.7% in total return in November, which was also outperform the FTSE EPRA Nareit development  index.

Interest rates and economic growth in key Asian markets continued to be the key drivers for the month. The best performing S-Reits sector in November were Data Centres, Diversified and Industrial S-Reits, with average total returns of 12%, 8% and 4% respectively. S-Reits in the healthcare sector were the only ones with a negative average total return.

There are six S-Reits recorded double-digit total returns last month:
1. Digital Core Reits +18.1%