While there will be a lag effect of about 12-18 months for positive impacts to flow through to bottom lines, Natarajan expects decisive shifts in investor sentiment and early positionings to ride the upcycle.
RHB Bank Singapore has kept its “overweight” call on Singapore REITs (S-REITs), and named CapitaLand Ascendas REIT (SGX:A17U
) , Keppel REIT, Suntec REIT, AIMS APAC REIT as its top picks.
Analyst Vijay Natarajan says the recent turn of events arising from easing inflation leading to a favourable rate cut outlook have tilted the balance firmly in favour of S-REITs, which have been battered by high interest rates in the last few months.
