S-REITs

The valuation conundrum for properties, REITs and banks - THE EDGE SINGAPORE

REITs

Valuation enigma for properties, REITs and banks

Despite peak, higher rates are likely to pressure valuations, gearing and ICR for REITs as banks escape worst write downs
Operationally, S-REITs have to navigate higher cost of debt despite rate cycle peak - THE EDGE SINGAPORE

REITs

Operationally, S-REITs have to navigate higher cost of debt despite rate cycle peak

Operationally, S-REITs still have to contend with higher cost of debt, lower ICRs despite peak in interest rate cycle

Broker's Calls

Maybank keeps ‘neutral’ on S-REITs, ‘agnostic’ on the sector

CICT, CLAR and LREIT were named as analyst Krishna Guha’s picks.

Right Timing

Hiccup in S-REIT rally as risk-free rates rebound

S-REITs likely to go off the boil in response to rebound in US risk-free rates

Broker's Calls

UOBKH maintains 'overweight' rating on S-REITs after seeing 'healthy signs' that inflationary pressures have moderated

Analyst Jonathan Koh keeps his buy call on CDLHT, FCT, FEHT, KREIT, LREIT and MINT.
Irrational signals from yield spread as REITs stay under pressure - THE EDGE SINGAPORE

REIT Watch

Irrational signals from yield spread as REITs stay under pressure

Yield spreads between FTSE REIT Index and local risk-free rates are below their mean as investors await a reversion to the mean
Industrial S-REITs with exposure to Australia, UK and Europe are 'unjustifiably' sold off: DBS - THE EDGE SINGAPORE

Broker's Calls

Industrial S-REITs with exposure to Australia, UK and Europe are 'unjustifiably' sold off: DBS

FLCT and Keppel DC REIT are the top "value buy" S-REIT picks in this space.
Maybank keeps ‘neutral’ call on S-REITS, prefers CapitaLand Integrated Commercial Trust and Mapletree Logistics Trust - THE EDGE SINGAPORE

Broker's Calls

Maybank keeps ‘neutral’ call on S-REITS, prefers CapitaLand Integrated Commercial Trust and Mapletree Logistics Trust

The repricing of debt and forex translation losses will affect DPU performance of S-REITs this quarter, says analyst Krishna Guha.
S-REITs 3Q2023 performance to reflect higher debt costs, weak forex says JP Morgan  - THE EDGE SINGAPORE

REIT Watch

S-REITs 3Q2023 performance to reflect higher debt costs, weak forex says JP Morgan

Higher debt costs, weak forex to impact S-REITs 3Q2023 performance as reporting gets underway on Oct 16

Broker's Calls

S-REITs not yet in vogue, DBS continues to favour industrial and retail subsectors

The analysts remain cautious on the office subsector, preferring office S-REITs with a retail component.
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