The way Song sees it, the demand for US office space will be supported by either strong individual property characteristics such as location, or active property management via asset enhancement initiatives (AEIs) or usage of spec suites to drive tenant demand.
SINGAPORE (June 17): DBS Group Research remains positive on the rental outlook for US office REITs, despite growth concerns on the back of ongoing trade tensions.
“Recent discussions with property consultants reaffirmed healthy demand for office space,” says lead analyst Mervin Song in a report on Monday, following site visits to Keppel-KBS US REIT’s (KORE) and Manulife US REIT’s (MUST) properties in the US.
