Analysts keeping faith with pure-play China S-Reits
Firms with exposure to China may also be grappling with negative sentiment due to geopolitical risks, says UOB Kay Hian's Adrian Loh
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Singapore
SINGAPORE-listed real estate investment trusts (S-Reits) with assets in China have suffered a beating as Beijing imposed widespread lockdowns to contain a resurgence of the coronavirus.
The Singapore Exchange has 5 S-Reits - CapitaLand China Trust (CLCT), Sasseur Reit, EC World Reit (ECW), BHG Retail Reit and Dasin Retail Trust - with pure exposure to China. Of these, 4 are trading underwater.
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