Low rent reversions ahead for industrial Reits: Credit Suisse

Singapore

Industrial Reits will see marginal rental growth, likely in the low single-digit percentage range, as languid demand and persisting vacancies weigh on rent negotiations, said Credit Suisse on Thursday.

Citing weak leasing transactions across all sectors amid lacklustre economic indicators and dim business expectations, it said that vacancy rates were likely to widen as incoming supply are unable to be fully absorbed.