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Maybank Kim Eng stays positive on S-Reits, favours industrial Reits

Wed, Mar 18, 2020 - 5:50 AM

Navin Sregantannavinsre@sph.com.sg@NavinSreBT

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...

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