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S-Reits could provide greater portfolio resilience as interest rates weigh on property plays

Uma Devi
Published Fri, Oct 20, 2023 · 05:00 AM
    • Year to date, indices covering the local property sector are all in the red, and individual property stocks' total returns to shareholders have also been dismal.
    • Year to date, indices covering the local property sector are all in the red, and individual property stocks' total returns to shareholders have also been dismal. PHOTO: BT FILE

    HIGHER interest rates have badly hurt the share prices of Singapore’s property-related stocks, but analysts believe opportunities are turning up among Singapore-listed real estate investment trusts (S-Reits).

    Year to date, indices covering the local property sector are all in the red.

    The iEdge SG Real Estate 20 Index is down 13.2 per cent so far this year; the iEdge SG Real Estate Developers and Operators Index and the iEdge SG Real Estate Index are down 18.2 per cent and 14.2 per cent, respectively. 

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