HIGHER cost of funding is likely to continue to weigh on distributions for Singapore-listed real estate investment trusts (S-Reits) in the upcoming reporting season.
Analysts told The Business Times that operational performance for Reits is expected to stay resilient, but distributions per unit (DPU) are likely to remain under pressure from financing costs.
They remain focused on debt instruments on Reits’ balance sheets to monitor the impact of the higher rate environment.
Darren…
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.