retail REITs

SINGAPORE (April 6): Covid-19 has really upset the apple cart. With the circuit breaker underway, many retailers including fast fashion, beauty salons, nail bars and spas have to close. In the wake of this displacement, and the amount of economic activity

Despite the bleak outlook, CGS-CIMB highlights two retail REITs that are likely to weather the storm.

Domestic demand is a much larger portion of the Chinese economy than during the GFC, and the Chinese consumer has become an important aspect of domestic demand. “In 2019 China’s retail sales amounted to US$5 trillion ($7.1 trilli

Diversified portfolio, tenant base protect REITs So far, the locally focused retail REITs appear unaffected by Giant’s possible exit from the local market. For instance, CMT has about 2,800 leases and around 30% of these are renewed each year. Th

SINGAPORE (Oct 12): Retail REITs have a chance to shine next year, says DBS Group Research, given consistently strong take-up rates for upcoming retail spaces this year which are a reflection of healthy demand in the retail arena.

SINGAPORE (Dec 11): The size of the e-commerce market in Singapore was about $1.5 billion in 2016, nearly three times what it was in 2011. According to a report by Temasek and Google, it is expected to exceed $7 billion by 2025, making up 6.7% of retail s

SINGAPORE (June 20): DBS is maintaining its “buy” call on CapitaLand Mall Trust (CMT) with a higher target price of $2.17 on attractive valuations.

SINGAPORE (Nov 1): DBS Vickers Securities is maintaining its “buy” call on Starhill Global REIT (SGREIT) with an unchanged target price of 87 cents, while CIMB Securities is reiterating its “hold” call on the REIT, lowering its target price from 8

SINGAPORE (Aug 2): Religare is reiterating its “buy” call on Starhill Global (SGREIT) with an unchanged target price of 90 cents, with the view that its portfolio’s performance is set to stabilise.