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2 Singapore Data Centre REIT Shares That Keep Dropping. Here’s Why
By InvestingNote  •  July 15, 2022
It’s been a horrible year for these two Singapore data-centre REITs… Keppel DC REIT (pink line) is down 19% year to date. Digital Core REIT (blue line) is down 35% year to date. Source: Yahoo! Finance This post was originally posted here. The writer, Willie Keng is a veteran community member and blogger on InvestingNote, with a username known as @Willie Keng and has over 100 followers. What happened? Let’s find out! Check out: My 10 best Singapore REITs to Buy; The Ultimate Guide 2022 [Updated] Rising rates is not the only problem There are two reasons why Singapore data center REITs keep falling. First, I’m going to throw some light on Jim Chanos’s latest short position — data centre REITs. Jim Chanos, is a famous hedge fund manager. He’s most well-known for predicting the collapse of Enron, Luckin Coffee, Hertz and Wirecard. I like his in-depth research and bold calls. Credit:...
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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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