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Mapletree Commercial Trust will be included in the STI from Sep 23, replacing Hutichon Port Holdings Trust.
It may be the reason for its recent run-up. Or maybe the govt recent announcement of the Greater Southern Waterfront has an impact too. I think a lot of people were anticipating this move. Of cos, its recent price surge means its yield has dropped to the low 4%, among the lowest in the SGX REIT universe.
[SOURCE]
Mapletree Commercial Trust to replace Hutchison Port Holdings Trust on Straits Times Index
Li Ka Shing's Hutchison Port Holdings Trust dropped from STI, replaced by Mapletree Commercial Trust
It may be the reason for its recent run-up. Or maybe the govt recent announcement of the Greater Southern Waterfront has an impact too. I think a lot of people were anticipating this move. Of cos, its recent price surge means its yield has dropped to the low 4%, among the lowest in the SGX REIT universe.
[SOURCE]
Mapletree Commercial Trust to replace Hutchison Port Holdings Trust on Straits Times Index
Li Ka Shing's Hutchison Port Holdings Trust dropped from STI, replaced by Mapletree Commercial Trust