The Business Times
business-time-50
SUBSCRIBERS

Silver lining for S-Reits in H2 as sector ‘bottoms out’ and rate hikes ease

Outlook for offices, suburban malls and industrial properties supported by ‘structural growth trends’

google-preferred-sourceAdd BT as a preferred source
Jude Chan

Jude Chan

Published Tue, Jul 5, 2022 · 05:50 AM
    • Suburban retail malls have been resilient amid pandemic-related lockdowns and changing shopper behaviour.
    • Suburban retail malls have been resilient amid pandemic-related lockdowns and changing shopper behaviour. ST file photo

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    REAL estate investment trusts (Reits) have been pummelled by fears of rising interest rates, even as effects of the Covid-19 pandemic continue to linger.

    The FTSE EPRA Nareit Developed Index, a global Reits benchmark, saw total returns slide to negative 18 per cent for the first half of 2022.

    This comes as the US Federal Reserve wages war on inflation with a series of interest rate hikes.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    S-ReitsInterest rates

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    The fourth Amity Circle retreat was hosted by Temasek Foundation from Apr 8 to 10 in Hanoi.

    Middle East-linked energy supply shocks put Asean Power Grid back in focus

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    DPM Gan Kim Yong said the question is not whether shocks will occur in future, but whether Singapore's systems are able to absorb them, and continue to function.

    DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More