Keppel DC REIT's property in Tampines, Singapore, known as Keppel DC Singapore 2 (Photo: REITsWeek)

OCBC Investment Research has downgraded a total of six Singapore REITs and trusts after the 2017 results reporting period.

The firm currently monitors a list of 24 Singapore-listed REITs, and has described results that came in for the 4Q of calendar year 2017 as having met its expectations.

On average, distributions per unit (DPUs) of REITs under its watch declined by 1.4% on a year-on-year basis during this period.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.