The US Fed has announced a rather big cut of 50 Basis Percentage points. With that the SOFR (USA's interbank overnight rate) has decreased by 0.5% once the US Fed made the announcement US REITs on SGX are Going Up With the news the USA REITs listed on the SGX has gone up. This is mainly due to their debts being in USA and pegged to the SOFR. Today we have seen the 5 US REITs in the green (as of writing). Who are the 5? ARA Hospitality Trust, Keppel Pacific Oak, Manulife US REIT, PRIME US REIT and Unitedhampshire REIT are the well known US REITs listed on SGX. Among them most of their debts (with the exception of Manulife) interest rates are pegged to the SOFR. A Buy Now? This is up for debate because 4 of the 5 REITs are in distressed sectors where a large vacancy rate persists. Only UnitedHampshire US REIT is in the stripe retail mall...