SINGAPORE (Apr 15): Although retail REITs have not been immune to the global market sell-off, experts believe that near-term disruptions from the Covid-19 outbreak have already been priced in. 

In particular, CGS-CIMB Research believes that CapitaLand Mall Trust’s (CMT) valuations have already priced in the fundamental downsides of the virus, as it hovers nearest to its global financial crisis (GFC) trough.

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