-
The S-REITs Index fell 1.6% in May, reversing the 3.2% gain recorded in April, as markets increasingly priced in the possibility of interest rate hikes.
-
AIMS APAC REIT was the best performer, rising 4.6% following its strong FY26 results. Acrophyte Hospitality Trust was the worst performer, declining 20% after severe weather conditions and rising operating costs weighed on its 1Q26 performance.
- - Read this at SGinvestors.io -
-
The ECB and BOJ raised their policy rates by 25bps in June, while the Fed kept rates unchanged. However, the Fed's dot plot indicates the possibility of one rate hike in 2026. Despite this, we continue to expect lower or stable financing costs for 80% of the S-REITs, as benchmark interest rates remain lower y-o-y. Combined with rental growth of 1%-3% from contractual rental escalations and positive reversions, this should support average DPU growth of ~3% y-o-y for S-REITs under our coverage in FY26e.
Sector round-up
- Read more at SGinvestors.io.
Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.
Darren Chan Phillip Securities Research | https://www.poems.com.sg/ 2026-06-22
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
