DBS sees upside to DPU of hospitality S-Reits from 2022 as borders reopen
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Singapore
HOSPITALITY real estate investment trusts (Reits) in Singapore will likely deliver a convincing recovery trajectory from 2022 as borders in Singapore and Asia reopen, said DBS Group Research on Friday (Mar 25).
The research team said hospitality Singapore Reits (S-Reits) will likely deliver upside surprises to their distribution per unit (DPU) from 2022, after they recorded improvements in their revenue per available room (RevPAR) in their recent results and guided for a brighter outlook for 2022.
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