A number of REITs that have reported in their results for 1H 2023 are pointing to a strong SGD as a factor when explaining falling distributions.
This suggests that often, a strong home currency can be detrimental to certain REITs.
What is the relationship between a currency's strength and the REITs that are domiciled within the jurisdiction?
Is it always bad for these REITs when a home currency gains strength?
This 3-minute video aims to explain these concepts concisely.