Late last year Satrix plugged a hole in their ETF offering by listing an offshore REIT ETF, the Satrix Global Property Feeder ETF. They have long had a local REIT ETF, the Satrix Property ETF (STXPRO*). But nothing for the offshore sector.
This feeder ETF invests into the HSBC FTSE EPRA NAREIT Developed UCITS ETF which tracks the largest REITs of the worlds developed markets. With over 350 stocks included this tracks way more than just the traditional retail, logistic and office sectors. Also included in the Top10 is healthcare, data centres and storage.
Geographically the US represents 62.5% of the index with Japan 9.3% and Ausralia 6.7%.
The underlying ETF is “is an Irish-domiciled UCITS ETF. Ireland has a double taxation treaty with the United States, which allows Irish-domiciled ETFs to benefit from a reduced 15% withholding tax on dividends from US equities.”
- The code is STXGLP,
- Total expense ratio is 0.45%,
- Dividend yield as at end October 2025 was 4.0% and
- It can be included in a tax free account.
ETF blog
At Just One Lap, we are big fans of passive investment using ETFs. In this weekly blog, we discuss ETFs on the local market and the factors you need to consider when choosing an ETF. If you have wondered how one ETF differs from another, this is where you can find out. We explain which index each ETF tracks, what type of portfolio could benefit from holding each ETF, and how the costs will affect your bottom line.
