These sectors are trading close to the -1 standard deviation (s.d.) of the mean in P/BV and yield terms, say the analysts.
DBS Group Research analysts have maintained their strategic call to shift allocations into retail, commercial, and hospitality Singapore REITs (S-REITs), as the overall rate environment gradually normalises.
Analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong like Frasers Centrepoint Trust (SGX:J69U
) (FCT) and Lendlease Global Commercial REIT (SGX:JYEU) (LREIT) for retail, Capitaland Integrated Commercial Trust (CICT) for commercial, and CapitaLand Ascott Trust (SGX:HMN) (CLAS) for hospitality.
