Singapore REITs - DBS Research 2023-12-04: Time To FOLO Into REITs?

• The Fed’s “pause” in November drove a reallocation into S-REITs with a ~7% rise in Nov 2023, outperforming the benchmark. Investors embraced the potential shift in interest rates trajectory, leading to a notable increase in share prices all sub-sectors.

US yields dropped in Nov 23, supporting yield plays.

• - Read this at SGinvestors.io -
• In response to the more dovish sentiment on the street, performance of S-REITs (measured by the FSTREI index), climbed ~7% in the month of Nov 2023, outperforming the Straits Times Index (STI) gain of ~1%.
• - Read this at SGinvestors.io -

What to look out for?

A further pause in Dec 2023 will provide another boost; investors to sniff for hints of a normalisation trend.

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Read More Analysis On Singapore REITs (S-REITs):
Analyst Reports on Singapore REIT Sector

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