SINGAPORE (May 16): RHB Research is maintaining its “overweight” on S-REITs despite market worries over higher interest rates, preferring the hospitality and industrial sub-sectors which are poised to tap into demand growth.

Key to the improving market outlook for S-REITs is a pickup in broad-based demand and supply tapering across most sub-segments. When it comes to balance sheet strength, S-REITs are generally well prepared with 80% of debts are hedged to mitigate rising interest costs. Many have also started exploring new markets in their quest to deliver inorganic growth and diversify their presence.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook