The Singapore skyline, with a view of major properties held by REITs. (Photo: REITsWeek)

Singapore is about to pass yet another law that could stifle near-term cash flows of REITs with properties in the country.

It is presently known as the Rental Waiver Bill, and if passed, will be the second legislation enacted since the COVID-19 outbreak that will have a direct impact on a REIT’s finances.

Related: Singapore REITs could see further deterioration in cash flows with latest proposed bill

Dear subscribers, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here.

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.