Hospitality, in particular, has been identified as a sub-sector that is ready for a rebound in 2018 with diminishing supply threats and demand expected to pick-up, leading RHB to expect hoteliers to gain some of the pricing power.
SINGAPORE (Dec 19): RHB Research is maintaining “overweight” on Singapore REITs (S-REITs) on expectations of selective REITs to continue remaining in favour in 2018, following what the research house sees as a stellar performance in 2017.
In a Tuesday report, analyst Vijay Natarajan opines that S-REITs are likely to benefit from the current economic growth cycle and deliver distribution per unit (DPU) growth in the year ahead, with industrial and hospitality sectors expected to be the direct beneficiaries of the economic pick-up, further aided by supply tapering.
