SINGAPORE (June 2): With the Singapore economy set to gradually re-open over three phases from this month, DBS Group Research analysts Derek Tan and Dale Lai believe the manufacturing sector will be the fastest to recover from the virus. 

In a Tuesday report, Tan and Lai say industrial REITs are likely to tap on a recovery in global economies from 2021 onwards, and will also benefit from various government assistance schemes that have been doled out to cushion the impact of the virus. 

For a start, Tan and Lai identify how the operational metrics of these REITs remains “healthy” with resilient occupancies across major industrial subsectors. 

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