CapitaLand Mall Trust property, Bugis+. (Photo: REITsWeek)CapitaLand Mall Trust property, Bugis+. (Photo: REITsWeek)

Despite the rising number of COVID-19 cases across the world, the worst is actually over for Singapore-listed retail REITs, said DBS.

The bank pointed to several factors, including the prevailing discount of about 0.84x to book value that Singapore retail REITs are currently trading at the moment, as compelling propositions for investors.

This observation is in line with the prevailing discount of about 0.8x reflected for the sector in our Singapore REITs table.

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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.