Despite the sharp correction reminding investors about close to 22% decline in S-REIT prices back in 2003, Tan believes that this time, it’s different.
SINGAPORE (Feb 20): Over the past week, the spike in 10-year bonds and fears over inflation has caused the Singapore REIT (S-REIT) index to decline by about 7%.
In a Tuesday report, DBS analyst Derek Tan believes that the recent sell-off is largely done.
