SG Property Intelligence

Research evidence excerpt

SG Property Intelligence

J P M O R G A N Asia Pacific Equity Research

23 June 2026

S-REITs recorded S$93.6m of weekly net institutional

inflows

Singapore/ASEAN Property and

REITs

S-REITs recorded S$93.6m of weekly net institutional inflows in the week of AC Terence M Khi

15 June, marking the first week of net inflows in over two months since the week

(65) 6882-1518

of 6 April. Separately, real estate excluding REITs saw S$38.1m of net outflows terence.ml.khi@jpmorgan.com

(8 Jun: -S$10.4m). Within fund managers, real estate and REITs, top institutional AC Mervin Song, CFA

net buys in the week included CICT (S$63.7m), KEP (S$17.9m) and MLT (S (65) 6882-7829

$10.7m) while top institutional net sells included HKL (-S$33.3m), KDCREIT (-S mervin.song@jpmorgan.com

$8.6m) and UOL (-S$5.4m). (Source: SGX) J.P. Morgan Securities Singapore Private Limited/

J.P. Morgan Securities (Asia Pacific) Limited/ J.P.

Morgan Broking (Hong Kong) Limited

Companies

MINT has completed the divestment of the Philadelphia data centre at 2000

Kubach Road on 22 June 2026. (Source: Mapletree Industrial Trust)

Sector

Asia Edge - The peace dividend is in the mail. The ceasefire in the Middle East,

if it holds and leads to durable stability, will provide a meaningful tailwind to Asia

Edge economies, which were among the most exposed to the global energy shock.

With oil prices falling and hydrocarbon supply gradually normalizing, pressures

on growth from supply constraints and energy-conservation measures should fade.

Trade balances, which had deteriorated everywhere outside Mongolia, should

gradually improve, all else being equal. Inflation pressures, which had surged

across the region in recent months, should also start to ease in Pakistan, Sri Lanka,

and Vietnam.