Retail S-Reits in spotlight as Robinsons closure may herald exit of owner's other brands: DBS

Singapore

DBS Group Research on Monday noted that the fortunes of retail-focused Singapore-listed real estate investment trusts (S-Reits) are "closely tied" with that of beleaguered Robinsons Singapore's owner.

More brands under Dubai-based conglomerate Al-Futtaim, which owns the department-store operator that's now in liquidation, may also follow suit with closures, the research team wrote.