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Retail in the doldrums even as S-Reits see recovery in rental reversions

Amid geopolitical tensions, a third of the 44 S-Reits - including 6 of the top 15 by market cap - are trading within 5% of their 52-week lows

Jude Chan

Published Mon, Mar 7, 2022 · 05:50 AM

S-Reits

Singapore

DISRUPTIONS due to Covid-19 are starting to fade into the rearview mirror for Singapore-listed real estate investment trusts (S-Reits) and business trusts, with more optimism washing over the sector.

For the period ended Dec 31, 2021, S-Reits mostly reported positive rental reversions. While not all the S-Reits disclosed their rental reversion figures, about 7 in 10 of those that did pointed to improvements in leasing activity.