Industrial segment hardest hit in fall of S-Reits: MayBank

Singapore

THE industrial segment was the hardest hit in the recent decline of the S-Reit market, slipping 3.4 per cent over five days as the overall Singapore-listed real estate investment trust market fell 2.7 per cent, MayBank Kim Eng said in a report yesterday.

This compares with a 3.2 per cent decrease in healthcare Reits, a 2.8 per cent decline in both office and retail Reits and a 0.4 per cent dip in hospitality Reits.