DBS: Singapore REITs will be resilient in 2023

REITs “offer resiliency given their attractive and growing distribution yields” as investors are turning defensive, says Eng-Kwok Seat Moey, group head of capital markets at DBS.

SINGAPORE: Real estate investment trusts (REITs) in Singapore will remain attractive to investors amid market volatility, according to DBS Group Holdings Ltd.

REITs “offer resiliency given their attractive and growing distribution yields” as investors are turning defensive, Eng-Kwok Seat Moey, group head of capital markets at DBS, said in an interview.