‘Attractive valuations’: DBS says it’s time to buy these industrial S-Reits on easing trade tensions

[SINGAPORE] The tide could soon turn for underperforming industrial Singapore-listed real estate investment trusts (S-Reits) as the sector looks set for a comeback, with attractive opportunities for re-entry, according to a DBS Group Research report on Thursday (Jun 12).

Industrial S-Reits have declined by 5 per cent on average in share price since the beginning of the year.

But the research house said that progress in recent trade negotiations between Washington and Beijing has led to an improved near-term outlook for such S-reits, which have been affected by trade uncertainties, as well as interest rate and currency fluctuations.