Invest
COVID-19 Closures May hit Singapore Reits harder than the 2008 Financial Crisis
By The Asia Report  •  March 26, 2020

With their high distribution yields, REITs have become immensely popular over the last few years.

Like all assets, they have sold off dramatically in the last few weeks with the impact of COVID-19 having a devastating impact on footfall traffic and creating turmoil in financial markets.

In this post, I am going to talk about some of the key concerns especially in this time period.

Hard Hit By Economic Downturn

COVID-19 has wrecked havoc on operations all around the world. Job losses in hospitality, retail and F & B continue to mount globally.

The UK paints a grim picture of what maybe to come with even leading firms like Burger King UK stating that they would skip rent payments to conserve cash.

With revenues drying up, many retailers will not be able to survive short of extraordinary support from fiscal stimulus measures from governments.

So far, the Singapore government has

...
Read the full article
By The Asia Report
Richard is passionate about teaching the principles of value investing to people from all walks of life. Richard is also a frequent guest speaker on investing and financial markets at institutions such as University College London and the London School of Economics, and at investment conferences held in Singapore ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance