Singapore office REITs deliver robust H1 results with high occupancy and rent growth

Singapore's office‑focused real estate investment trusts posted strong first‑half 2026 performance. Suntec REIT saw distributable income rise 25.5% to S$116.5 million and DPU increase 24.8%, while maintaining 99.5% occupancy across its office assets. Keppel REIT reported a 13.1% jump in net property income to S$122.5 million, with distributable income up 25.2% to S$119.6 million and a portfolio‑wide rental reversion of 12.8%. Weighted‑average signing rents in the CBD reached S$13.14 per square foot per month, and overall CBD occupancy was 95.3% according to Knight Frank, driven by renewal‑led leasing and expansion of AI‑related firms.

A YouTube collaboration featuring Jussi Askola discussed the broader outlook for Singapore REITs, contrasting their recovery trajectory with that of US REITs, noting a growing bifurcation between Singapore‑focused and overseas‑focused funds, and highlighting sectors and market dynamics that investors should watch.