Analysts are overall positive on Singapore REITs (S-REITs) following the worldwide fiscal and monetary stimulus from central banks, lowered interest rates, as well as the extended Jobs Support Scheme (JSS) unveiled on August 17.

The JSS will now provide 10% to 50% in wage subsidies for up to seven months from August depending on the project recovery of the different sectors.

For the hospitality and retail sectors – two of the harder-hit ones from the Covid-19 pandemic – local employees will receive wage support of 50% and 30% respectively, from 75% and 50% previously.

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