PhillipCapital analyst Natalie Ong has maintained her “overweight” outlook on Singapore REITs (S-REITs) amid catalysts expected from the pick-up in the Singapore economy.

According to the report dated April 12, all sub-sectors are in the green with the exception of healthcare at -0.1%. Office REITs are the biggest gainers at +8.5%.

As Singapore’s economy starts its recovery trend, Ong foresees that rental relief requests will taper off.

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