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Added reliefs for landlords, tenants positive for S-Reits sentiment: Jefferies

Published Thu, Jun 4, 2020 · 09:50 PM

Singapore

FURTHER reliefs for landlords and tenants are likely to "invigorate the current positive sentiment" for Singapore real estate investment trusts (S-Reits), while hospitality Reits are expected to take the lead in the sector, with the implementation of the Singapore-China fast-lane arrangement, according to Jefferies Singapore.

Under new legislation introduced on Friday, the Ministry of Law has mandated additional rental waivers - with the cost borne by landlords …

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