The report, dated March 16, comes as US 10-year Treasury yields rose ahead of the Federal Reserve’s (Fed) policy meeting.
Singapore’s DBS Group Holdings, CapitaLand, Mapletree North Asia Commercial Trust (MNACT), Frasers Logistics & Commercial Trust (FLCT), Ascendas REIT (A-REIT), Ascott Residence Trust (ART) and Mapletree Industrial Trust (MINT) are among OCBC Investment Research’s (OIR) top picks, which should benefit from the ongoing rotation.
The team has give the counters fair value estimates of $29.50 (DBS), $3.79 (CapitaLand), $1.06 (MNACT), $1.62 (FLCT), $3.89 (A-REIT), $1.24 (ART) and $3.51 (MINT).
