SINGAPORE - Real estate investment trusts (Reits) are looking to make a comeback in 2023 after a torrid 2022, with the pace of interest rate hikes in the United States expected to slow, said analysts.
Favoured by investors for their dividends, Reits took a beating in 2022 as rising inflation and interest rates dented sentiment in the sector. High interest rates make it dearer for Reits, which are debt-intensive, to repay their loans.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you