Diversified S-REITs

Diversified REITs hold a blend of property types — typically retail and office, sometimes across several countries. Diversification can smooth income but also makes them harder to value on any single metric.

7 trusts S$38.4B combined cap 6.3% median yield 0.76x median P/NAV

Diversified screen

REITPrice YieldP/NAV Mkt cap
Stoneweg European REIT
SGX:SET · Stoneweg / Icona
€1.5508.44% 0.76€869M
CapitaLand Integrated Commercial Trust
SGX:C38U · CapitaLand
S$2.3406.65% 1.09S$18.44B
Lendlease Global Commercial REIT
SGX:JYEU · Lendlease
S$0.5806.33% 0.82S$1.92B
OUE REIT
SGX:TS0U · OUE
S$0.3556.28% 0.63S$1.96B
Mapletree Pan Asia Commercial Trust
SGX:N2IU · Mapletree
S$1.2806.23% 0.73S$6.76B
Frasers Logistics & Commercial Trust
SGX:BUOU · Frasers Property
S$0.9855.99% 0.88S$3.74B
Suntec REIT
SGX:T82U · ARA / internalised
S$1.4405.38% 0.71S$4.26B

Yield vs P/NAV

Diversified trusts plotted. Up = higher yield; left = cheaper vs book.

Diversified trusts span the valuation range. Because they blend asset types and geographies, read them on the underlying mix — which segments drive income, and where the gearing and lease risk actually sit.

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What drives the Diversified sub-sector

Diversified S-REITs combine multiple property types (and often multiple countries) under one trust. The largest S-REIT is a diversified retail-and-office trust. Diversification can stabilise distributions across cycles, but it also means the headline yield and P/NAV hide a lot: you have to look through to the segment mix.

For these names, the questions that matter are which assets and geographies drive net property income, how the lease profile and occupancy differ by segment, and where the balance-sheet risk concentrates. That look-through is exactly what a structured deal brief is for.

Diversified REITs — questions

Are diversified REITs safer than single-sector REITs?
Diversification across asset types and geographies can smooth income, but it isn't automatically safer — a diversified trust can still carry high gearing or weak segments. Look through the blend to the underlying drivers rather than relying on the diversification label.

This S-REIT hub is one of GroundVision's data engines

We turn scattered filings and market noise into diligence-ready, source-cited intelligence — and we run the same engine on private CRE deals: 10-minute go / no-go, owner prospecting, listing launch and AI lead management. Every figure on this site was machine-generated and auto-refreshed; no analyst typed it in.