Suntec REIT property at 9 Penang Road. (Photo: REITsWeek)

Maybank Kim Eng has issued a less-than-stellar forecast for the Singapore office REITs sector as companies increasingly adapt work-from-home (WFH) arrangements post-pandemic.

The brokerage has also issued ‘Sell’ recommendations for two Singapore-listed office REITs, citing weaker credit metrics when compared to peers in the same sector.

Dear members, 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. Why subscribe?

By Shariffa Al-Habshee

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