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Home / Capital / Brokers Calls

UOB Kay Hian sees tailwinds for logistics S-REITs, keeps 'overweight', prefers FLT and ARA LOG

Broker's Calls

UOB Kay Hian sees tailwinds for logistics S-REITs, keeps 'overweight', prefers FLT and ARA LOG

Felicia Tan Published on Tue, Jun 29, 2021 / 6:52 PM GMT+8

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UOB Kay Hian analyst Jonathan Koh has kept “overweight” on the Singapore REITs (S-REITs) logistics sub-sector on the back of tailwinds from e-commerce and building resiliency in supply chains.

E-commerce is a key driver of demand as online retail sales require three times the logistics space compared to that of physical retail spaces.

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