US tariffs put spotlight on industrial S-Reits’ upcoming H1 earnings
Most S-Reits expect to post positive DPU growth
[SINGAPORE] Market watchers remain cautious on the performance of industrial Singapore-listed real estate investment trusts, or S-Reits, ahead of the sector’s upcoming financial results – given uncertainty around the impact of the US administration’s global tariffs.
“Rental growth in the industrial sector may ease in the current tariff-related uncertainty,” said Xavier Lee, an equity analyst from Morningstar.
The US administration has set an Aug 1 deadline to conclude tariff negotiations with other countries. After that, exports to the US from these countries will face new tariffs, starting at a baseline rate of 10 per cent.
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