Lowest-Gearing S-REITs
9 S-REITs matching this category · updated daily
Gearing ratio — total debt divided by total assets — is the single most important balance-sheet metric for a REIT. The MAS caps it at 50%, and REITs near the cap face refinancing risk, dilutive equity raises, and limited firepower for acquisitions when opportunities appear.
The S-REITs listed here all operate below 35% gearing, comfortably below the regulatory cap and the sector median (~40%). They sacrifice some return-on-equity efficiency for financial resilience — the ability to weather a downturn or seize an acquisition when others can't. In a high-interest-rate environment, low gearing is a genuine competitive advantage.
| # | REIT | Price | Gearing | Yield | P/NAV | Sector |
|---|---|---|---|---|---|---|
| 1 | Sasseur REIT | S$0.685 | 25.4% | 8.96% | 0.86 | Retail |
| 2 | AIMS APAC REIT | S$1.640 | 26.8% | 5.96% | 1.28 | Industrial |
| 3 | NTT DC REIT | US$0.920 | 29.2% | 8.24% | 0.80 | Data Centre |
| 4 | Centurion Accommodation REIT | S$1.170 | 31.0% | 5.59% | 1.35 | Hospitality |
| 5 | Far East Hospitality Trust | S$0.590 | 33.4% | 6.27% | 0.67 | Hospitality |
| 6 | Frasers Logistics & Commercial Trust | S$0.985 | 33.7% | 6.04% | 0.88 | Diversified |
| 7 | Keppel DC REIT | S$2.250 | 34.0% | 4.61% | 1.30 | Data Centre |
| 8 | Parkway Life REIT | S$4.170 | 34.2% | 3.66% | 1.65 | Healthcare |
| 9 | Alpha Integrated REIT | S$0.520 | 34.9% | 6.73% | 0.98 | Industrial |
Disclaimer: This page is generated automatically from public data on Singapore REITs (S-REITs).
Numbers reflect the latest daily sync from official sources and are provided for informational purposes only.
Nothing here is investment advice. Always verify data with the REIT's own investor-relations disclosures before
making any investment decision. Rankings are based on the metric described in the intro and may change as prices
and fundamentals move.