Here's why analysts anticipate 'flattish earnings growth' for SREITs

Potential winners and losers revealed.

In a report, Barclays said it is looking for flattish earnings growth from most REITs with some likely to report declines stemming from the expiry of income support (CCT), Asset Enhancement Initiativedisruption (SUN), the exit of a key tenant (MINT); however, these have been relatively well flagged.

Here's more:

Retail REITs and residential developers, on the other hand, could register decent growth due to the completions of previous years’ investments (CT) and progress with or delivery of developments, especially for CAPL for which we expect earnings were back-end loaded, and thus, we expect strong results for 4Q13.

There could also be some revaluation gains, especially with the completion of some major projects, such as Westgate and Bedok Mall, and we do not see any cap rate expansion yet.  

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