The last 2 weeks have not been easy for Singapore REITs investors. S-REITs have been dropping almost everyday with unusual volatility and transaction volume. This happened even when global central banks have been cutting interest rates which have boosted S-REITs’ share prices in the past.
Investors are wondering what has happened that triggered the huge sell down and whether there are any bargain hunting on REITs. I will share my views in 5 key areas:
The drop in S-REITs prices is definitely due to the expectation of lower rental rates, lower occupancy rates and potential devaluation of underlying properties due to the impact of COVID-19....