Limited supply of offices in Singapore supports positive rental reversion, says UOB Kay Hian analyst Jonathan Koh.
Singapore REITs delivered “resilient performance” in 3Q2025, supported by stable operating metrics and a steady distribution profile, say Maybank Securities analysts Krishna Guha and Liu Miaomiao, who are “positive” on the sector.
Notably, “trend underperformers”, such as overseas offices and China logistics, exhibited “nascent signs of recovery”, they add in a Nov 21 note. Australia office occupancies improved, according to results for the three months ended Sept 30 posted by CapitaLand Integrated Commercial Trust (CICT), Suntec REIT and Keppel REIT.
