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
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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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