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S-Reit prices could slide as much as 9% this year, say analysts
RHB Securities estimates DPU yields are around 5.9% now and could rise to 6.5% later this year once the Fed starts raising rates
Add BT as a preferred sourcePublished Tue, Mar 10, 2015 · 09:50 PM
Singapore
PRICES of Singapore real estate investment trusts (S-Reits) could slide by as much as 9 per cent later this year as the segment faces further headwinds from a looming interest rate hike in the United States, analysts have warned.
The FTSE ST Reit Index, which tracks the prices of Reits listed here, slipped 0.2 per cent on Tuesday after tumbling 1.2 per cent on Monday. Monday's drop was the index's biggest daily decline since Sept 15 last year, according to Bloomberg data.
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