5 top office Reits deliver minus 3.2% return in 2018

Four that have reported results for first three months averaged distribution per unit of 2.09 Singapore cents, down an average 4.5 per cent from year-ago period

CapitaLand Commercial Trust (CCT) saw DPU fall 11.7 per cent to 2.12 Singapore cents.

PHOTO: ST FILE

Singapore

THE five largest office real estate investment trusts (Reits) on the local bourse with assets in Singapore have brought home an average negative total return of 3.2 per cent year-to-date as of May 3.

This brings their one-year and three-year total returns to 14.3 per cent