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After 18% surge in 2019, Singapore Reits seen as too pricey: analysts

Published Wed, Jul 10, 2019 · 09:50 PM

Singapore

ANALYSTS and investors are questioning whether the rally in Singapore's beloved real estate investment trusts (Reits) has room to run.

Strategists from Morningstar to CMC Markets Singapore say Reits, which have gained more than twice as much the broader equity market this year, are starting to look overvalued and may not see such strong performance in the second half.

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