SINGAPORE (Dec 11): OCBC is maintaining its “neutral” view on Singapore-listed real estate investment trusts, but advises investors to consider some counters that have solid execution capabilities and favourable risk-reward profiles.

“Although our thesis of slowing distribution per unit growth remains intact and we are cognisant of headwinds that will continue to plague the sector... the market has priced in some of these negatives and current sector valuations are not demanding,” OCBC says.

OCBC lists CapitaLand Mall Trust, Frasers Centrepoint Trust and Keppel DC REIT as it its top picks among Singapore REITs.

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