S-REITs

Singapore (12 July): On July 2, the Monetary Authority of Singapore published a consultation paper to consider raising the regulatory gearing limit (debt-to-asset ratio) for real estate investment trusts from the current 45%, and to introduce a minimum in

SINGAPORE (July 2): The Monetary Authority of Singapore (MAS) is reviewing the current leverage limit of 45% for Singapore-listed REITs or S-REITs to give them the flexibility to optimise their capital structure.

SINGAPORE (Feb 11): DBS Group Research is keeping its “overweight” rating on Singapore REITs following more dovish comments from the US Federal Reserve.

SINGAPORE (March 10): RHB advises S-REIT investors stay selective despite threats of Fed rate hikes as the sector still offers the highest yields as well as yield spreads among its global peers.

SINGAPORE (Feb 14): CIMB is maintaining its “underweight” on S-REITs, forecasting DPU growth to be muted in view of the uptick in Fed fund rates and wary of capital depreciation.

SINGAPORE (Nov 14): Following news of last week’s US presidential election outcome, UOB Kay Hian is now turning its attention on stocks which it reckons could be beneficiaries of the rising US$ strength against ASEAN currencies.

SINGAPORE (Aug 18): UOB Kay Hian further cut its 2016F market EPS growth estimates to –8.1% from –2.4% after what it calls “another quarter to forget” of disappointing results under the research house’s coverage climbed up to 37% in 2Q from 34%

SINGAPORE (July 13): Daiwa Capital Markets is keeping its “positive” rating on Singapore Real Estate Investment Trusts (S-REITs), but has “low expectations” ahead of announcement of 2Q16 results by the 14 S-REITs under its coverage starting Friday