Agent.sg / Property news / Increased confidence on S-REITs as Singapore's economy reopens

Increased confidence on S-REITs as Singapore's economy reopens

Fresh property news selection on July 16. 2020, Thursday.

Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to [email protected] so our editors can use them as sources.


SINGAPORE (July 16): Singapore is well into Phase 2 of reopening the economy and social distancing restrictions are gradually easing. With that, UOB Kay Hian is keeping its “overweight” rating on the Singapore REITs (S-REITs) sector.

07.16.

Compared to the previous week, UOBKH S-REIT Index retraced marginally by 0.6% to 252.1. Some of the week’s top performers include ARA LOGOS Trust, gaining 6.1% with the appointment of new CEO Karen Lee; and Keppel DC REIT, gaining 3.6% as data centres are beneficiaries of Covid-19 pandemic.

This is followed by hospitality REITs Frasers Hospitality Trust (FHT), CDL Hospitality Trust (CDREIT) and Ascott Hospitality Trust (ART), which increased 2.1%, 1.9% and 1%, respectively.

Read the full article here »


Freshest Property News from Singapore


Interesting Stories Related Singapore


Free Things To Do In Singapore


Home Entrance Designs


Previous news selection

Condo, HDB rents dip whilst volumes rebound in June


Guest blogging

Are you an aspiring writer and especially interested in real estate? Become a Guest Blogger here, on Agent.sg. Choose a topic which suits your field of expertise and our profile as well, then create your blog post and send it to our email address [email protected]. For more information, visit our Guest Blogging Subpage.

About Agent.sg Daily Property News Selection

Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.

Contribute

If you also want to share an amazing article that you come across and it fits in the real estate / economy topics, just let it us know in e-mail. We don't guarantee to publish all, but we will some of them for sure. If you want us to bring out your own article, please contact us at [email protected]. Some references would also be highly welcome to send us from among your previous publications.

Advertise

Are you looking for some online distribution channels? You find one. Haven't you found a place for your traditional means of advertisement, like PR article or display banner? You've never been so close, just e-mail us at [email protected] and our colleague will get in touch with you.