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Rate cuts will give S-Reits a boost, but don’t expect a return to the glory days soon
The improvements are likely to be slow and steady, in tandem with what are likely to be incremental rate cuts over the next few years
Published Wed, Sep 25, 2024 · 05:00 AM
THE US Federal Reserve’s long-awaited interest-rate cut spells relief for global markets, which have had to cope with rate hikes since March 2022.
Before the super-sized rate cut of half a percentage point last week, interest rates had soared from around zero to 5.5 per cent.
In particular, Singapore-listed real estate investment trusts (S-Reits) will breathe a sigh of relief.
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