Fixed-interest debt fortifies S-Reits against chill from rising rates
Diversified funding sources, low gearing also expected to help them weather an interest rate scenario that will benefit banks
Singapore
RISING interest rates are known to hurt Real Estate Investment Trusts - but in the latest round of hikes, Singapore-listed Reits (S-Reits) appear to have rate-proofed themselves well.
Analysts tracking the sector point to several factors why they are in better shape to weather the interest rate headwind this time round - the chief reason being their hedging foresight in opting for fixed-rate financing.
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