GOLDMAN Sachs expects Asia Pacific’s real estate investment trusts to outperform the broader market on their dividend prospects as economies reopen.
The "relative stability” and higher visibility of dividends in the REIT sector has helped the stocks outperform the overall market during periods of rate cuts and slow economic growth, analysts including Justin Kwok and Yi Wang wrote in a report on Monday. There will also be higher certainty in rental income with the gradual reopening of business activities in the region, they added.
Subscribe to The Star Yearly Premium Plan for 30% off
Cancel anytime. Ad-free. Full access to Web and App.
Monthly Plan
RM 13.90/month
RM 9.73/month
Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.
Annual Plan
RM 12.39/month
RM 8.63/month
Billed as RM 103.60 for the 1st year, RM 148 thereafter.
