Moomoopedia SG | What are REITs?
Moomoopedia SG | What are REITs?
Real Estate Investment Trusts (REITs) are funds that invest in a portfolio of income generating real estate assets such as shopping malls, offices or hotels, usually with a view to generating income for unit holders of the fund (i.e. investors of the REITs).
房地產投資信託基金(REITs)是投資於購物中心、寫字樓或酒店等創收房地產資產組合的基金，通常是為了為基金的單位持有人(即REITs的投資者)創造收入。
What are Real Estate Investment Trusts (REITs)?
什麼是房地產投資信託基金？
Assets of REITs are professionally managed and revenues generated from assets (primarily rental income) are normally distributed at regular intervals to investors. REITs allow investors to access real property assets, and share the benefits and risks of owning a portfolio of properties.
房地產投資信託基金的資產受到專業管理，資產產生的收入(主要是租金收入)通常定期分配給投資者。REITs允許投資者獲得房地產資產，並分享擁有房地產投資組合的好處和風險。
Units of REITs are bought and sold like other securities listed on SGX at market driven prices.
REITs的單位與在新交所上市的其他證券一樣，以市場驅動的價格買賣。
Why invest in Real Estate Investment Trusts (REITs)?
為什麼投資房地產投資信託基金(REITs)？
Portfolio Diversification- REITs typically own multi-property portfolios with diversified tenant pools.
Income Distribution- REITs typically have regular cash flows since most of the revenues are derived from rental payments under lease agreements with specific tenure. REITs are required to distribute at least 90% of taxable income each year to enjoy tax exempt status by IRAS (subject to certain conditions).
Tax Benefits- Individual investors enjoy a tax-exempt distribution which comes in the form of dividends in the REITs structure.
投資組合多元化-REITs通常擁有多個物業投資組合，租户池多樣化。
收入分配-REITs通常有定期現金流，因為大多數收入來自與特定租期的租賃協議下的租金支付。REITs必須每年分配至少90%的應税收入，才能享受IRA的免税地位(受某些條件限制)。
税收優惠-個人投資者享受免税分配，這種分配以REITs結構中的股息形式出現。
SGX is one of Asia's regional hub for Real Estate Investment Trusts (REITs) & Property Trusts. Based on the FTSE ST REIT Index, the dividend yield for Singapore REITs have been 4.3 – 6.8% over a period of 5 years (Source: Bloomberg, 2013-2017). Over 75% of Singapore REITs & Property Trusts own offshore assets across Asia Pacific, South Asia & Europe.
新加坡交易所是亞洲房地產投資信託基金(REITs)和房地產信託基金的亞洲中心之一。根據富時ST REIT指數，新加坡REITs的股息收益率在5年內一直為4.3-6.8%(來源：彭博社，2013-2017)。超過75%的新加坡REITs&Property Trust在亞太地區、南亞和歐洲擁有離岸資產。
Why Trade REITs & Property Trusts on SGX?
為什麼在新交所交易REITs和房地產信託基金？
Singapore has 43 REITs & Property Trusts with a combined market capitalisation of S$107B, representing c.12% of Singapore's overall listed stocks
The REITs & Property Trusts offer wide diversity across property sub-segments
Average dividend yield of 6.3% (as of end February '22)
Average 10-year annualised total return of 8.5%
Average gearing ratio of 37%*, lower than the regulatory limit of 50%
10 year market cap CAGR of 11%
新加坡有43家房地產投資信託基金和房地產信託基金，總市值為1070億新元，佔新加坡上市公司總數的約12%
REITs和Property Trust在不同的房地產細分市場提供廣泛的多樣性
平均股息率為6.3%(截至22年2月底)
10年平均年化總回報率為8.5%
平均槓桿率為37%*，低於50%的監管上限
10年市值複合年增長率為11%
Product Features
產品功能
Trading Hours
交易時間
Follows SGX securities market trading hours: 9.00am – 12.00pm and 1.00pm – 5.00pm
以下為新交所證券市場交易時間：上午9時至下午12時及下午1時至5時
Pre-open routine (8.30am – 9.00am)
開盤前例行程序(上午8：30-9：00)
Pre-close routine (5.00pm – 5.06pm)
下班前例行程序(下午5：00-5：06)
Board Lot Size
電路板批量
100 units or otherwise specified
100個單位或以其他方式指定
Currency
貨幣
SGD, AUD, HKD, USD, EUR (if applicable)
新元、澳元、港幣、美元、歐元(如果適用)
Settlement Basis
結算依據
T+3 settlement in CDP
CDP中的T+3沉降
SG REITs Movers for 5/11
SG REITs轉移器，5/11
For the latest SG REITs Movers，you are welcomed to refer to SG REITs Movers.
有關最新的SG REITs Movers，歡迎您參考SG REITs移動者.