Singapore

RISKS for Singapore's real estate investment trusts (S-Reits), specifically hospitality and industrial Reits, will rise in 2016 in view of weak economic fundamentals and new supply that will be added into most sectors, said Fitch Ratings in a report on Monday.

To boost earnings amid weak organic growth, Reits are likely to turn to acquisitions, said the ratings agency. It estimates that Singapore Reits have completed more than S$4.5 billion acquisitions to date in 2015, and noted that this theme is likely to continue into 2016.