REITs – multi-faceted sector, multi-sided outlooks

Office REITs may not be looking bullish in 2023, according to industry observers.

AS with numerous other industries, the real estate investment trust (REIT) sector is another one which has multiple layers to it, such as retail, office, industrial and hospitality.

Therefore, for investors who are keen to look into REITs, particularly where they stand as a potential investment destination, one would need to weigh up a number of metrics: the growth outlook for each segment, demand and supply mechanics, as well as their respective sensitivity to the now-familiar macroeconomic factors, including further possible central bank rate hikes, inflation and the reopening of Chinese borders.