Retail REITs were among the sectors most badly affected by the Covid-19 pandemic in 2020. But the tide seems to have turned. With our economy on the mend, retail REITs are now among this year’s top performers.

Malls may also have to brace themselves as the COVID-19 situation remains unpredictable. Singapore will enter into a period labelled Phase 2 (Heightened Alert), which will take effect from May 16 to June 13 after new infection cases spiked. As we head into the second half of 2021 and beyond, here’s what might be ahead for retail REITs.

SEE:ESR-REIT announces acquisition of Singapore and Australian assets, AEIs, and $150 mil equity fund raise

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