S-REIT

There are 40 S-REITs traded on the Singapore Exchange.

S-REITs generated 9.3% total returns.

There may be tighter financial conditions in the US due to interbank rates.

The FSTREI declined 16% year-to-date.

Maybank said sustained efforts must be continued to improve ESG scores.

In the past two weeks, there were hardly any gainers at the index.

An example of these malls are those owned by Starhill Global Reit.

It gained 6% steady financial performance.

In H1, SREITs posted a total acquisition value of $3.6b.

Singapore’s economy will stand out from a growth trajectory perspective.

UOB Kay Hian noted the easing of US core inflation to 4.9% in April 2022.

A 100bps rise in base rates leads to a 2-3% drop in DPU.

The normalisation in Singapore has bode well for REITs in the retail sector.

There is more to S-REITs than just being a good inflation hedge.

The US yield curve—an indicator of recession—has been inverted since 1 April.

UOB Kay Hian said this showed the resiliency of Singapore REITs.