- For the 20 S-REITs under our coverage, one outperformed (United Hampshire US REIT), four underperformed (CapitaLand Ascott Trust, CDL Hospitality Trusts, Manulife US REIT and Prime US REIT) and the remaining 15 were in line with our expectations.
- - Read this at SGinvestors.io -
- Resiliency of balance sheets is of paramount importance as S-REITs weather a protracted period of elevated interest rates. Maintain OVERWEIGHT.
- BUY
- - Read this at SGinvestors.io -
- CapitaLand Ascendas REIT,
- CapitaLand Ascott Trust,
- Frasers Logistics & Commercial Trust, and
- Mapletree Industrial Trust.
Data centre REITs: Making progress.
- Read more at SGinvestors.io.
Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
Jonathan KOH CFA UOB Kay Hian Research | https://research.uobkayhian.com/ 2023-08-23
Read More Analysis On Singapore REITs (S-REITs):
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