Analysts at Maybank Kim Eng, OCBC Investment Research and UOB Kay Hian are positive on the Singapore REITs (S-REITs) under their coverage.

While OCBC analyst Chu Peng has not given an overall recommendation for the sector, Maybank Kim Eng analyst Chua Su Tye has maintained “positive” on S-REITs. UOB Kay Hian analyst Jonathan Koh has, too, kept “overweight” on the sector.

“The recently concluded 2Q/1HFY2021 earnings season has given us room for some optimism, but also reflects the uneven road to recovery ahead given overall uncertainties over the Covid-19 situation and macroeconomic landscape,” writes OCBC’s Chu in an Aug 19 report.

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