Mapletree Industrial Trust ("MIT") has been battered down over the past 1 year. Its market price has dropped from S$2.93 per unit to a low trough of S$2.40 per unit in May 2022 which is a plunge of <18.1%> from a year ago. Its current market closing price of S$2.56 per unit as at 16 September 2022 probably gave scant comfort to retail investors who have bought into MIT during the past 2 years. Is it time to sell one's MIT in view of the ongoing relentless interest rate hikes by the US Federal Reserve that is pushing the entire global economies into a deep recession?

1. Fear mongering by "experts" and Media on REITs in trouble due to interest rate hike

First and foremost, the one thing that I really cannot stand is that I have been hearing a number of folks around me or online shouting out loud that interest rate hikes will lead to higher costs  ...