Singapore properties’ safe-haven premium shields S-Reits from Iran war headwinds
The Republic’s attractiveness to businesses and individuals will grow in a chaotic world
CONFLICT in the Middle East is driving higher inflation as elevated energy costs hurt businesses and consumers.
Many Singapore real estate investment trusts (Reits) will be hit by higher energy prices. Property operating expenses could rise, thus hurting net property income (NPI).
Crucially, higher inflation may dash hopes of the US Federal Reserve slashing interest rates, even with the looming change in leadership at the Fed.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Former manager with DBS Bank admits cheating 7 victims, including his uncle, of over S$1 million