Asia Real Estate News Tracker, Asia Real Estate Tracker

Asia Real Estate Tracker

Asia Real Estate News Tracker

Tracking developments across Asia's regional real estate markets

Equity Bottom-Up

<ul><li>Santarli and Apex make joint bid worth $368M for a site in Western Singapore, expanding their real estate portfolio.</li><li>CVC-backed chain competes for First REIT's Indonesian assets valued at $599M, increasing their presence in the market.</li><li>EdgeConneX ventures into Japan with a 140MW data center project in Greater Osaka, showcasing their global growth strategy.</li></ul>

Santarli and Apex make joint bid worth $368M for a site in Western Singapore, expanding their real estate portfolio.CVC-backed chain competes for First REIT's Indonesian assets valued at $599M, increasing their presence in the market.EdgeConneX ventures into Japan with a 140MW data center project in Greater Osaka, showcasing their global growth strategy.

Asia Real Estate Tracker (15-Jan-2025): Santarli, Apex $368M top bid for West Singapore site

Singapore Market Roundup, Singapore Market Roundup

Singapore Market Roundup

Thematic (Sector/Industry)

<ul>
<li>DBS initiates coverage of NTT DC REIT as 'buy' with a 20% target rise.</li>
<li>OCBC lowers First REIT's fair value due to ongoing FX impact.           </li>
<li>AIMS APAC REIT reports 1.1% increase in DPU for 1HFY2026.</li>
</ul>


DBS initiates coverage of NTT DC REIT as 'buy' with a 20% target rise.
OCBC lowers First REIT's fair value due to ongoing FX impact.           
AIMS APAC REIT reports 1.1% increase in DPU for 1HFY2026.


Singapore Market Roundup (05-Nov-2025): DBS rates NTT DC REIT 'buy' with a 20% target increase.

Invest, Trade and Save in Singapore, Syfe

Syfe

Invest, Trade and Save in Singapore

Syfe is an investment platform offering Managed Portfolios, Brokerage services, and Cash Management solutions to help people build wealth for a better future.

<ul><li>Singapore’s healthcare Real Estate Investment Trusts (REITs) continue to stand out as one of the most defensive segments in the S-REIT universe.</li><li>In 2025, the sub-sector has materially outperformed sector indices, supported by inelastic demand for healthcare, ageing demographics, and the scarcity of medical real estate supply.</li><li>These structural drivers insulate the segment from a great deal of economic cyclicality and position it as a reliable source of total returns.</li></ul>

Singapore’s healthcare Real Estate Investment Trusts (REITs) continue to stand out as one of the most defensive segments in the S-REIT universe.In 2025, the sub-sector has materially outperformed sector indices, supported by inelastic demand for healthcare, ageing demographics, and the scarcity of medical real estate supply.These structural drivers insulate the segment from a great deal of economic cyclicality and position it as a reliable source of total returns.

Singapore Healthcare REITs: A Defensive Haven in a Shifting Market

<ul>
<li>During Q2 2025, the S-REIT sector benefited from declining interest rates and improved sentiment, which enhanced the relative appeal of REIT dividend yields versus safer assets.</li>
<li>The three-month compounded Singapore Overnight Rate Average (SORA) fell from 3.02% in January to about 1.85% by end-July, reflecting easing domestic borrowing costs. While the US Federal Reserve has yet to cut its policy rate in the first half, market expectations of rate relief later in 2025 grew.</li>
<li>This backdrop supported S-REIT valuations, as investors anticipated lower financing costs and improved sentiment for yield-oriented investments.</li>
</ul>


During Q2 2025, the S-REIT sector benefited from declining interest rates and improved sentiment, which enhanced the relative appeal of REIT dividend yields versus safer assets.
The three-month compounded Singapore Overnight Rate Average (SORA) fell from 3.02% in January to about 1.85% by end-July, reflecting easing domestic borrowing costs. While the US Federal Reserve has yet to cut its policy rate in the first half, market expectations of rate relief later in 2025 grew.
This backdrop supported S-REIT valuations, as investors anticipated lower financing costs and improved sentiment for yield-oriented investments.


Syfe S-REITs Tracker: Q2 2025 - S-REITs Continue to Deliver Attractive Yields Amid Falling Rates

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Asia’s leading multi-asset exchange

Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

<ul><li>THE first seven months of 2023 saw the iEdge S-Reit Index gain 3.9 per cent in total return terms, reversing its 11.9 per cent decline in 2022.</li><li>This was followed by hospitality S-Reits with 5.8 per cent average total returns, after being the best performing sub-segment last year.</li><li>PLife Reit declared a distribution per unit (DPU) of 7.29 Singapore cents for H1 2023, representing an increase of 3.3 per cent year on year.</li></ul>

THE first seven months of 2023 saw the iEdge S-Reit Index gain 3.9 per cent in total return terms, reversing its 11.9 per cent decline in 2022.This was followed by hospitality S-Reits with 5.8 per cent average total returns, after being the best performing sub-segment last year.PLife Reit declared a distribution per unit (DPU) of 7.29 Singapore cents for H1 2023, representing an increase of 3.3 per cent year on year.

REIT Watch - Healthcare S-REITs remain committed to expansion strategies

Singapore

First Real Estate Investment Trust is a healthcare real estate investment trust. The Trust invests in and owns a diversified portfolio of healthcare and healthcare-related real-estate assets in Asia.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

First REIT (FIRT SP)

Asia Real Estate Tracker (15-Jan-2025): Santarli, Apex $368M top bid for West Singapore site

Santarli, Apex, and CVC-backed chain make significant bids for properties in Singapore, Indonesia, and Japan, respectively, totaling over $967...

Asia Real Estate Tracker

Singapore Market Roundup (05-Nov-2025): DBS rates NTT DC REIT 'buy' with a 20% target increase.

DBS rates NTT DC REIT as 'buy' with a 20% target rise; OCBC cuts First REIT's fair value; AIMS APAC REIT sees 1.1% DPU growth in 1HFY2026.

Singapore Market Roundup

Singapore Healthcare REITs: A Defensive Haven in a Shifting Market

Singapore’s healthcare Real Estate Investment Trusts (REITs) continue to stand out as one of the most defensive segments in the S-REIT...

Syfe

Syfe S-REITs Tracker: Q2 2025 - S-REITs Continue to Deliver Attractive Yields Amid Falling Rates

During Q2 2025, the S-REIT sector benefited from declining interest rates and improved sentiment, which enhanced the relative appeal of REIT...

Syfe

REIT Watch - Healthcare S-REITs remain committed to expansion strategies

THE first seven months of 2023 saw the iEdge S-Reit Index gain 3.9 per cent in total return terms, reversing its 11.9 per cent decline in...

Singapore Exchange Ltd (SGX)

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)