“First we shape the cities – then they shape us.” Jan Gehl, founding partner of Gehl Architects Although Singapore is a small city, it boasts a well-defined structure and transportation system. The MRT lines are undoubtedly a key aspect of the city’s infrastructure. While urban planners determine the locations of these stations, the stations themselves … Read more
A few weeks ago DBS Research published their bullish stance on S-REITs after the Feds looked to pause hiking the rates. Thus the title “High (not higher) for longer” with reference to how interest rates will pen out in the upcoming 1-2 years. For those who might be too lazy to go through the research, … Read more
Digital Core REIT hasn’t had the best year. On top of dealing with rising interest rates, it also had to deal with the bankruptcy of its 2nd largest customer: Digital Core REIT’s tenancy woes Digital Core’s second-largest customer, Cyxtera, a global colocation and interconnection provider representing approximately $16.3 million, or 22.4% of Digital Core REIT’s … Read more
Last week brought about quite a stir in the Singapore REIT (SREIT) market. Prices have been on a downward ride, and investors are left scratching their heads, wondering what’s causing this unexpected turbulence. A quick look at the broader benchmark, the iEdge S-REIT Index, reveals a stark reality. In just one week, we’ve witnessed a … Read more
Investing in REITs has faced significant hurdles in 2023, primarily due to the interest rate hikes. The fundamental reason behind this difficulty is straightforward: REITs rely on borrowed funds to acquire properties, and higher interest rates translate to increased financing costs, resulting in reduced dividends for unit holders, which in turn make REITs less attractive … Read more