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These 3 REITs Are Hitting a 52-Week Low: Are They a Bargain?
By The Smart Investor  •  July 8, 2022
The world is facing the prospect of higher interest rates after the US Federal Reserve made its biggest rate hike in 28 years. The move was in response to soaring inflation in the US that is hitting a four-decade high. As a result, the REIT sector has also been hit as investors worry over the prospects of higher financing costs. Many REITs have subsequently hit their 52-week lows. Income-seeking investors who are looking for bargains can trawl through this list to look for attractive REITs to accumulate for the long term. A word of warning, though. Some REITs may end up being value traps, so it’s wise to select those with strong sponsors, high-quality properties, and a good acquisition pipeline. Here are three REITs that recently hit their 52-week low that deserve a second look. Daiwa House Logistics Trust (SGX: DHLU) Daiwa House Logistics Trust, or DHLT, is a logistics-focused REIT with a portfolio of 14 modern...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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