News: The Straits Times http://www.straitstimes.com Published on Jun 01, 2013 Invest Buying opportunity after Reits rout Analysts believe 9.3% plunge last month may be overdone By Alvin Foo INVESTORS in real estate investment trusts (Reits) here seem to have taken the old stock market mantra of "sell in May and stay away" to heart. Singapore Reits were ravaged last month, mostly on fears that the United States Federal Reserve will be slowing down its massive monetary stimulus prematurely. But analysts suggest the recent Reit rout may present a buying opportunity for several of these counters. They say the rush for the exit may have been overdone. The bloodletting began last week, with the FTSE ST Reit Index slumping 4.5 per cent in those five trading sessions for its worst one-week slide since June 2009. This was followed by a 5.2-per cent plunge this week as ......