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Sharing of rent liabilities will hit office, industrial Reits more

This is because most retail Reits have already doled out 0.4 month to three months of rent rebates: DBS

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One analyst estimated that SMEs contribute about 20 to 55 per cent of industrial Reits' exposure and 30 to 50 per cent of retail Reits' exposure.

Singapore

THE government's mandate for landlords to help small- and medium-sized enterprise (SME) tenants out with rentals is a "slight negative" for retail Reits, most analysts say. This is because most landlords have already dished out a month or more in rental relief to tenants....

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