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Six out of 13 S-Reits miss Citi's Q2 forecasts

Sequential improvements in distributions marred by deeper concerns, say analysts


"GOOD news was in relative short supply" for the second quarter in the S-Reits universe, Citi analysts said in a report following the closure of the latest earnings reporting season.

The number of "misses" by S-Reits against forecasts remained elevated at close to half -