Singapore REITs - OCBC Investment 2024-05-20: Down But Not Out

• The S-REITs sector has remained an underperformer year-to-date relative to the Straits Times Index (STI) and MSCI Singapore Index.

Share price performance remains closely tied to UST yield movements

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• We expect near-term sentiment of the S-REITs sector to remain heavily influenced by economic data, which has a bearing on the movements of UST yields.
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1Q24 results review: Continued pressure on DPU trends given higher borrowing costs, FX headwinds and enlarged unit bases

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Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

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

Check Out Also The Summary Of:
S-REIT Share Price Performance
S-REIT Target Prices & Ratings