- June 4, 2022
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
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ASCOTT RESIDENCE TRUST (SGX:HMN) CDL HOSPITALITY TRUSTS (SGX:J85) FAR EAST HOSPITALITY TRUST (SGX:Q5T) FRASERS CENTREPOINT TRUST (SGX:J69U) LENDLEASE GLOBAL COMMERCIAL REIT (SGX:JYEU) KEPPEL REIT (SGX:K71U) ELITE COMMERCIAL REIT (SGX:MXNU) KEPPEL PACIFIC OAK US REIT (SGX:CMOU) UNITED HAMPSHIRE US REIT (SGX:ODBU)
Singapore REITs – Weighing The Odds – Upside From Reopening Against Perceived Threat From Inflation
- Nascent signs of easing of inflationary pressure have emerged. The yield curve steepened again in May 22 and is currently upward-sloping, suggesting a soft landing. Economic expansion, if sustained despite geopolitical uncertainties, is positive for S-REITs.
- We stay invested in hospitality, retail and office REITs as reopening plays. BUY
- Ascott Residence Trust (SGX:HMN) (Target price: S$1.25),
- Frasers Centrepoint Trust (SGX:J69U) (Target price: S$2.79),
- Far East Hospitality Trust (SGX:Q5T) (Target price: S$0.78) and
- Lendlease Global Commercial REIT (SGX:JYEU) (Target price: S$0.96).