Uptick in visitor arrivals lends optimism to SPH REIT, Starhill Global REIT earnings

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An uptrend in visitor arrivals into Singapore has provided fresh optimism for SPH REIT and Starhill Global REIT, the latter of which has been trading at yields of close to 7% based on historical dividends.

Starhill Global REIT is anchored by two flagship properties on Orchard Road, Wisma Atria and Ngee Ann City, while SPH REIT’s stalwart on the tourism-reliant district is Paragon Mall, an upmarket retail property with 321 tenants.

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