After Chinese New Year, let us start looking for the Best REITs to Buy in February 2024! In January, Federal Reserve Chair Jerome Powell indicated that the central bank is unlikely to start cutting interest rates in March. Investors mulled over Powell’s comments and stocks started to fall. What does this mean for Singapore REITs? This means high finance costs will continue to erode distributable income and Distribution Per Unit (DPU). If you have noticed, most REITs that have reported their latest financial results had highlighted about higher finance costs impacting their DPU. This is because when their current debt are due, REITs are forced to refinance at the current higher fixed interest rates. Investors are expecting that the Fed will begin easing back rates in May or June. My opinion is that the Fed will ease interest rates as it is not possible to sustain at...