The REIT sector has been pummelled by higher interest rates and inflation. These two headwinds are making investors worried as they fret that distributions could be reduced. As a result, several REITs have been plumbing their 52-week lows as pessimism takes hold of the asset class. But amid the bad news, there could be value emerging for these beaten-down REITs as bargain hunters scour the landscape for great buys. We look at four Singapore REITs that recently touched their year-lows to see if they can recover in the months ahead.

Sabana REIT (SGX: M1GU)

Sabana REIT is an industrial REIT with a portfolio of 18 properties in Singapore covering high-tech industrial, warehouse and logistics, and general industrial sectors. The total assets under management (AUM) for the REIT was around S$1 billion as of 31 December 2023. The REIT’s unit price has tumbled by 12.2% year to date to hit its 52-week low of S$0.36. Sabana REIT reported a mixed set of results for 2023....