Current S-REIT levels 'opportunity to re-enter' as 'patient' FED conducive for sector to re-rate: DBS

Felicia Tan
Felicia Tan9/2/2021 6:31 PM GMT+08  • 2 min read
Current S-REIT levels 'opportunity to re-enter' as 'patient' FED conducive for sector to re-rate: DBS
The analysts at DBS have highlighted preferred names including CDLHT, MINT, Suntec REIT, Lendlease REIT and ALOG.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The current share price levels for the Singapore REIT (S-REIT) sector presents an “opportunity” for investors to re-enter, say DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong on Aug 30.

The estimate comes after US Federal Reserve chairman Jeremy Powell’s broad messaging that the US central bank will “stay the course” as opposed to being early in its expected taper programme in the 2HFY2021.

On this, the team sees a “more patient” FED to be conducive for S-REITs to re-rate, with a rate hike some time away.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.