Maybank Kim Eng stays positive on S-Reits, favours industrial Reits
Singapore
MAYBANK Kim Eng remains positive on the outlook of Singapore real estate investment trusts (S-Reits) despite unit prices falling by around 24 per cent since February while the broad market trades at decade lows.
As a whole, S-Reits are trading at valuations above their historical averages and their yields compressed, with some of the best performing property trusts seeing re-ratings due to accretive acquisitions and inclusion into sector indices.
TRENDING NOW
Changes to EV incentives, uncertainty over COE framework drive Category A premium to a new high in ‘re-run of 2025 mania’
Employers want AI-fluent employees. Hiring them is the challenge
What makes a good job? Feeling that you matter
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects