Previously I wrote about how the COVID-19 measures have impacted the SREITs. Under the new bill, landlords will not be able to terminate the lease of tenants or claim back the rented premises if the tenant is unable to pay the rent during the relief period of 6 months. This has added financial pressure to REITs as the held back of rental payments by tenants will affect the landlord’s operating cash flow.

I am glad that a new set of measures to assist the SREITs was announced by Ministry of Finance (MOF), the Inland Revenue Authority of Singapore (IRAS), and the Monetary Authority of Singapore (MAS) on Thursday, 16 April 2020.

Below are the two measures that will help SREITs with their cash flow.