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Home / Capital / Brokers Calls

On the cusp of recovery, office and hospitality S-REITs worth a closer look

Broker's Calls

On the cusp of recovery, office and hospitality S-REITs worth a closer look

PC Lee Published on Thu, May 31, 2018 / 11:02 AM GMT+8

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SINGAPORE (May 31): DBS Group Research says this could be a good time to scoop up S-REITs of selected office and hotel names given supply pressures in these sub-sectors have eased.

In a Thursday report, lead analyst Mervin Song says the oversupplied market over the past few years which resulted in muted S-REIT performance and decline in DPUs for several REITs has given way to a turnaround in the Singapore property market.

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