In their Dec 14 report, analysts Derek Tan, Rachel Tan, Dale Lai and Gerladine Wong write that with yields peaked and “likely headed lower” in FY2024, they believe there is “more room to run” for yield-sensitive S-REITs.
Share prices of Singapore-REITs (S-REIT) have recently posted an around 7% rebound in November and December, having come off a retreat in global benchmark 10-year yields.
DBS Group Research is saying that therefore, it is time for investors to invest in S-REITs, or invest more.
