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.

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