In an update, Koh shares that domestic consumption has been boosted by the Singapore government’s CDC and SG60 vouchers, with Frasers Centrepoint Trust’s (FCT) management guiding for a positive rental reversion of between 8% to 9% on a full-year basis for the FY2025.
Two Singapore REITs (S-REIT), namely CapitaLand Integrated Commercial Trust (CICT) and Parkway Life REIT, out of UOB Kay Hian’s (UOBKH) Jonathan Koh's 21 picks have surpassed his forecasts. Majority of Koh’s picks met his expectations, while five of his picks have underperformed.
