Largest S-REITs by Market Cap
13 S-REITs matching this category · updated daily
Market capitalisation matters for REITs in ways it doesn't for regular equities. Larger REITs get FTSE and STI index inclusion (bringing passive flows), issue debt cheaper, execute acquisitions with less dilution, and have deeper trading liquidity — useful when you need to enter or exit a position.
This list shows S-REITs with market capitalisation above S$2 billion, the practical threshold where a REIT starts qualifying for index inclusion and attracting institutional coverage. The trade-off: large REITs often trade at premium valuations because of these structural advantages. If you want blue-chip exposure with lower single-name risk, the top-market-cap S-REITs on this list are the usual starting point.
| # | REIT | Price | Market Cap | Yield | P/NAV | Sector |
|---|---|---|---|---|---|---|
| 1 | CapitaLand Integrated Commercial Trust | S$2.450 | 17.54B | 4.73% | 1.15 | Diversified |
| 2 | CapitaLand Ascendas REIT | S$2.480 | 11.58B | 6.05% | 1.08 | Industrial |
| 3 | Mapletree Pan Asia Commercial Trust | S$1.330 | 6.97B | 6.03% | 0.77 | Diversified |
| 4 | ESR REIT | S$2.300 | 6.50B | 9.53% | 0.91 | Industrial |
| 5 | Mapletree Logistics Trust | S$1.210 | 5.98B | 6.12% | 0.96 | Industrial |
| 6 | Mapletree Industrial Trust | S$1.920 | 5.57B | 6.77% | 1.18 | Industrial |
| 7 | Keppel DC REIT | S$2.320 | 5.35B | 4.47% | 1.36 | Data Centre |
| 8 | Suntec REIT | S$1.510 | 4.58B | 4.66% | 0.74 | Diversified |
| 9 | Keppel REIT | S$0.880 | 4.48B | 5.94% | 0.72 | Office |
| 10 | Frasers Centrepoint Trust | S$2.250 | 4.48B | 5.41% | 1.00 | Retail |
| 11 | CapitaLand Ascott Trust | S$0.900 | 3.48B | 6.79% | 0.79 | Hospitality |
| 12 | Frasers Logistics & Commercial Trust | S$0.965 | 3.44B | 6.17% | 0.86 | Diversified |
| 13 | Parkway Life REIT | S$4.140 | 2.60B | 3.69% | 1.64 | Healthcare |