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S-Reits rebound after Fed holds rates for now

Analysts see only short-term boost, notes risk to sector's earnings and topline growth

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As has been the case each time an anticipated rate increase turned out to be another false alarm, real estate investment trusts (Reits) enjoyed some boost after the US Federal Reserve kept interest rates unchanged.

Singapore

AS has been the case each time an anticipated rate increase turned out to be another false alarm, real estate investment trusts (Reits) enjoyed some boost after the US Federal Reserve kept interest rates unchanged.

The FTSE ST Reits Index rose as much as 2.5 per cent in