Singapore REITs ended 2018 with year-to-date declines across all subsectors


News that changes in the US tax code will not adversely affect Singapore REITs with exposure to the country failed to cheer investors at the year-end, with all REIT sectors registering year-to-date (YTD) declines on the last trading day of 2018.

Concerns over a prolonged trade war between Beijing and Washington, slower growth across the European continent, and a no-deal Brexit across the English channel are some of the factors that have weighed down Singapore REITs for the year.

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