Headwinds facing US office REITs to persist in 2023 amid tepid attendance
When COVID-19 broke out globally in 2020, offices across the world were shut in favour of work-from-home (WFH) arrangements. And…
First REIT looks unimpeded to fulfill distribution obligations
First REIT may have faced various tribulations over the past several years, including a sinkhole near its Surabaya asset and…
Despite rising debt, Moody’s optimistic on rated Singapore REITs
Moody’s Investor Services has struck an optimistic note for three Singapore REITs under its watch, despite the spectre of rising…
CapitaLand Integrated Commercial Trust sinks on Morgan Stanley downgrade
CapitaLand Integrated Commercial Trust (CICT) finished the session on 6 July lower by about 1% from its previous close, continuing…
S&P sees improved prospects for Singapore REITs as traffic, rents recover
Singapore-listed REITs are expected to see improved rent and occupancy rates in the next 12-18 months as tourists return and…
Pictet Wealth Management bullish on Singapore REITs despite rate hikes
Pictet Wealth Management remains bullish on Singapore-listed REITs despite the impending rate hikes by the US Federal Reserve. This sentiment…
Frasers Centrepoint Trust sheltered from rising utility costs for now, says OCBC
Despite rising oil prices and utility costs, suburban retail REIT Frasers Centrepoint Trust (FCT) will remain sheltered in the near…
Work-from-home population in US to double despite office reopenings, JLL projects
Despite the easing of work-from-home (WFH) mandates, the percentage of US workers who will not return to office is projected…
Maybank sees tailwinds for office REITs as WFH mandates ease
Maybank is projecting more favourable days ahead for Singapore-listed office REITs.
S&P downgrades outlook on GPT in wake of AUD681 million acquisition
S&P Global Ratings has downgraded its outlook on GPT Group to negative, following the REIT’s revelation that it is acquiring…