I came across an interesting piece of research by OCBC on industrial REITs in Singapore and would like to share the salient points here (some of which I have mentioned before in my blog):
Industrial REITs reported healthy 4Q11 results.
Industrial REITs appeared to outperform market expectations.
Expecting stable performance.
Operating metrics still healthy.
Earnings likely to stay resilient.
Percentage of leases due for renewal at comfortable level.
Aggregate leverage may inch upwards after funding potential investments.
Industrial REITs in better financial position now......
