iREIT Global (SGX: UD1U)
iREIT Global owns a portfolio of five freehold office properties in Germany, four freehold office properties in Spain, and 44 retail properties in France. The portfolio had a valuation of €857.3 million as of 31 December 2024. Shares of iREIT Global tumbled 28.6% in the past year to hit their 52-week low of S$0.24 recently....The REIT sector continues to face headwinds even after the US Federal Reserve cut interest rates by one percentage point last year.
President Donald Trump’s tariff war threatens to reignite inflation and may make the central bank hold rates “higher for longer”.
Unsurprisingly, this news has resulted in persistently weak sentiment for REITs, with many of their share prices being pushed down to 52-week lows.
Investors are naturally worried about REITs’ ability to sustain their distributions.
Here are five Singapore REITs that recently touched their year-low, but we dig deeper to find out if they could witness a rebound.
