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Possible Near-Term Unit Price Movements of Singapore REITs with Retail Malls in its Portfolio (guest post)
By InvestingNote  •  June 9, 2021
Footfall to retail malls (especially those located in the CBD area) have taken a beating since Phase 2 (Heightened Alert) came into effect from 16 May 2021. Apart from the “no dining in” restriction, some of the more notable measures include group size being reduced to just groups of 2, and that working from home is once again the default. Today (09 June 2021), there was an article in The New Paper which talked about the current situation, and difficulties faced by retailers – you can read the article in full here – “Retail stores take a beating as footfall slows to a trickle“. However, it’s not all doom and gloom. As I am writing this post, I note that the number of community cases have come down once again (there are just 3 new cases in the community, with one of them in the workers’ dormitory being reported yesterday,...
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By InvestingNote
InvestingNote is Singapore’s first & largest community-driven platform where investors and traders from all levels connect and share ideas with one another.
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