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.

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.