SINGAPORE (Nov 18): Singapore real estate investment trusts (REITs) have seen price-to-book fall to 0.9x to reach prior lows set in Aug last year.

“Significantly, Singapore REITs also look attractive when comparing current dividend yields to bond yields with a gap of 3.84%,” say Credit Suisse lead analyst Sakthi Siva in a Wednesday report.

“This 3.84% gap is more than double the 1.67% gap for MSCI Asia ex-Japan REITs,” Siva adds.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook