us office REITS for the reason that they have shed a lot of ...

us office REITS for the reason that they have shed a lot of their value prior to the rates hike which resulted in lower asset values and higher gearing as a result and higher finance cost. while part of the lower asset values are due to occupancy issues it looks like the major factor for the high cap rate that causes asset value to drop is due to high interest rate. lower interest rate will likely also lead to increase transaction level leading to higher asset value.

prime us REIT, keppelpacific oak REIT and Manulife office reit will stand to benefit from lower rates.