Source :
Apple Intelligence :
• Market Performance: S-REITs outperformed the broader market (STI) with a 5.2% rebound in the past five sessions.
• Investor Sentiment: S-REITs attracted S$50 million net institutional inflow, driven by factors like attractive dividend yields compared to bond yields.
• Interest Rate Impact: Lower interest rates can benefit REITs by reducing financing costs, increasing capital inflows, and pushing up property valuations.
• Economic Impact: Improved regional economic activity, tourism, and potential interest rate cuts could benefit S-REITs.
• Analyst Predictions: Analysts from BMI Research, JPMorgan Chase, Nomura Securities, and DBS Bank are optimistic about the prospects of S-REITs.
• Performance Expectation: S-REIT share prices are expected to rise, potentially surpassing their peak in September 2023.
• Recommended REITs: DBS Group Research recommends CapLand IntCom T, Frasers Cpt Tr, Keppel Reit, Mapletree Ind Tr, Mapletree Log Tr, and ParkwayLife Reit.
• Valuation Attractiveness: Current REIT valuation is attractive with a price-to-book ratio (P/B) of 0.83 times, historically leading to significant returns in the following year.
• China Galaxy Securities International Recommendations: CapLand Ascendas REIT, Keppel DC Reit, CapLand IntCom T, and Frasers Cpt Tr.
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