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$Frasers HTrust (ACV.SG)$ Singapore REITs Could Recover This...
$Frasers HTrust (ACV.SG)$ Singapore REITs Could Recover This Year on Further Fed Cuts, Domestic Growth -- Market TalkWSJ • 45 mins ago1min0227 GMT - After three years ofunderperformance, RHB Singapore remains cautiously optimistic that 2025 will be a recovery year for Singapore REITs. However, there may be bouts of volatility stemming from Trump's tariff policies, analyst Vijay Natarajan writes in a report. The recovery should be supported by the Fed's gradual rate cuts, which would ease long-term risk-free rates over the year, he adds. RHB economists expect three cuts this year, compared with market expectations for one to two cuts. RHB forecasts Singapore's2025 GDP growth at 3.0%, which is at the top end of the government's guided range. This"goldilocks scenario" is positive for S-REITs and will drive distribution per unit turnaround in fiscal 2025, Natarajan adds. RHB maintains an overweight rating on Singapore REITs.
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