Worst may be over for S-Reits: Eastspring, OCBC
Eastspring says S-Reits remain attractive; OCBC's top picks include Frasers Logistics and Commercial Trust, Manulife US Reit
Singapore
SOME analysts think the worst may be over for Singapore-listed real-estate investment trusts (S-Reits).
The market looks to be pricing in too much downside for retail and office S-Reits, said Eastspring Investments' head of client portfolio managers Adam Matthews and director of client portfolio managers Sarah Lien on Monday.
TRENDING NOW
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts
Sats slides 13.6% as investors dump shares on profit-margin squeeze
When every phone becomes a satellite phone, what happens to Asia’s telcos?