Reits may not be best vehicles to hold prime Singapore office assets

MANY office workers are still working from home amid a high number of Covid-19 cases.

Office landlords fret over when companies can get large numbers of staff back to offices safely and whether greater adoption of remote working reduces space needs.

The Urban Redevelopment Authority's (URA) central region office rental index fell 3.5 per cent quarter on quarter (q-o-q) in Q3 2021, reversing the 1.3 per cent rise in Q2 2021.