Brokers' take
Add BT as a preferred sourceSingapore Reits | Overweight
OCBC Investment Research, Dec 7
Looking back at the financial performance of the S-Reits sector year to date, we see a common trend of a moderation in DPU growth, with some Reits even recording negative growth for 9MCY16. The key factors driving the softer performance can be attributed to slowing rental reversions, higher operating costs and dilution arising from equity fund raising exercises and issuance of units as payment for management fees.
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