S-Reits

The case for fewer, bigger trusts keeps getting stronger, with interest rates going up and most S-Reits still trading below book

Deteriorating fiscal sustainability in major economies is keeping foreign bond yields structurally higher

The yield gap between them is widening, but rising bond yields and interest rates bear watching

Rising bond yields may reach a tipping point that chokes off growth and deflates richly priced blue chips

It should focus on ensuring its portfolio pivot boosts its DPS instead of wading into a potentially contentious overhaul

Strong office property fundamentals and asset sales may boost its sagging units

The divestment is slated for completion in the third quarter of 2026

Core DPU rises 4.5% year on year to S$0.1125 and accounts for about 98% of total DPU

Committed portfolio occupancy is 98.1% as at Jun 30