Suntec REIT is poised to benefit from new income contributions from its recently acquired properties in Australia and the UK.

But the REIT’s fundamentals have weakened on rising office vacancies amid the proliferation of work-from-home (WFH) arrangements, and sluggish recovery in retail sales.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.