S-REITs remain good defensive play despite uncertainties ahead

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SINGAPORE (Sept 5): OCBC Investment Research says the Singapore REIT sector remains a good defensive shelter for investors amid macroeconomic uncertainties.

For the S-REITs under its coverage universe, OCBC is projecting stable DPU growth of 1.7% for FY18/19 and 1.6% for FY19/20.

“Looking ahead, we have tempered our expectations for the hospitality sector, and now expect more muted DPU growth from hospitality REITs under... (Click here to read the full story)