ESR-REIT announces acquisition of Singapore and Australian assets, AEIs, and $150 mil equity fund raise ESR-REIT announces acquisition of Singapore and Australian assets, AEIs, and $150 mil equity fund raisePhoto: Albert Chua/The Edge Singapore

On the back of the introduction of stricter measures in the community that will affect certain Singapore REIT (S-REIT) subsectors such as retail and hospitality, analysts remain positive on the sector and see any weakness in share price as an opportunity to accumulate S-REITs at attractive prices.

To CGS-CIMB Research analysts Lock Mun Yee and Eing Kar Mei, the analysts say they remain “positive” on S-REITs given their “robust fundamentals and growth outlook”.


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