US office S-Reits will need to diversify tenant mix in response to work-from-home trend

REAL estate investment trusts (Reits) that own office properties in the United States are going through a rough patch that could be a precursor to monumental change.

Most Singapore-listed real estate investment trusts (S-Reits) are riding on the reopening of economies post-pandemic, while bracing for higher interest rates and higher inflation.

But S-Reits in the US office sub-sector are fending off macroeconomic headwinds on the one hand, while grappling on the other with an uncomfortable reality: Workers in the land of the free have become so used to working from home during the pandemic, they are refusing to return to the office.