S-Reits need to reveal clear strategies amid tariff uncertainty
Some S-Reits have said little about how they will navigate the economic uncertainty in their Q1 updates
[SINGAPORE] It is midway into the earnings season for Singapore-listed real estate investment trusts (S-Reits), with most of them having posted their first-quarter results.
Closely watched among investors and analysts is the impact that US tariffs will have on these S-Reits. They are also looking out for the Reit managers’ plans to counteract the effect of the tariffs imposed by US President Donald Trump.
The “Liberation Day” tariffs announced on Apr 2 sparked a sell-off of S-Reits that week, although the sector has since rebounded. As at Wednesday’s (Apr 30) close, the iEdge S-Reit index had climbed 8.7 per cent since Apr 9, when the tariffs took effect.
Copyright SPH Media. All rights reserved.
