SINGAPORE (May 20): As the Covid-19 pandemic lingers, latest results from Singapore REITs (S-REITs) have revealed that capital retention remains a top priority as they brace for weaker fundamentals. 

Lauded by investors for stability and returns, S-REITs are now set to face uncertain macroeconomic conditions that could pose near-term challenges. 

For 1Q2020 ended March, Maybank Kim Eng Research analyst Chua Su Tye says that S-REITs had a ‘decent start’ despite conserving copious amounts of cash in light of the macroeconomic uncertainty. 

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