There are “multiple positive surprises” among Singapore industrial REITs, and logistics assets are expected to outperform other properties, say DBS Group Research analysts Dale Lai and Derek Tan in a June 9 note. 

Lai and Tan’s top picks to “buy” are ARA Logos Logistics Trust (ALLT), with a target price of 85 cents, and Mapletree Logistics Trust (MLT), with a target price of $2.35.

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