Global Reits saw weaker Q1 after strong 2021
Amid rising inflation and supply chain worries, Reits in Singapore have remained fairly resilient. And as retail and hospitality sectors revive, here's why these real estate investment trusts deserve a look.
Sign up now: Get ST's newsletters delivered to your inbox
Simon Property Group is one of the largest retail Reits in the US with a portfolio of shopping malls and outlet centres.
PHOTO: BLOOMBERG
Singapore Reits have performed well this year and remained resilient while their global counterparts have hit rough weather.
Digital wealth platform Syfe points out that the iEdge S-Reit Leaders Index has gained 1.3 per cent, compared with a 3.8 per cent decline for global Reits and a 5.5 per cent drop in the S&P 500 index on Wall Street in the first quarter of this year.
