Brokers' take

Published Tue, Aug 16, 2016 · 09:50 PM

Singapore Reits | Overweight

CIMB Research, Aug 15

Despite the rally, valuations are not over-stretched. S-Reits are trading at mean. In terms of yield spread, it is also one of the cheapest vs other key Reit markets. Industrials replace office as our most preferred sub-sector.