As financial markets continue to rebound from the impact of Covid-19, several Singapore-listed REITs (S-REITs) could ride on the recovery, according to analysts.

Phillip Securities says its top picks are Manulife US REIT (MUST) and Ascendas REIT (A-REIT).

The brokerage notes that the former has a long weighted average lease expiry (WALE) of 5.7 years and lower downsizing risks in the mature, remote-working-adjusted US office market.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook