Why Singapore investors continue to hide under REITs

SINGAPORE (Sept 7): CIMB Research is keeping its “overweight” rating on Singapore’s property segment given that investors are still seeking shelter in yield.

In a Tuesday report, analysts Lock Mun Yee and Yeo Zhi Bin observe how retail REITs seem to be a “favoured canopy”, largely because investors are largely hiding in yield – especially in liquid, large-cap REITs.  

In terms of REIT sub-sectors, CIMB ranks industrials ahead, followed by retail, office, and hospitality.

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