S’pore needs reforms to revive its REIT sector

Bearish market: Buildings in Singapore. The twin post-pandemic shocks – elevated interest rates and a worldwide shift toward work from home – have dampened investor sentiment towards REITs in the island-state. — Bloomberg

THE hottest part of Singapore’s otherwise humdrum stock market used to be institutional landlords.

Now the city’s real estate investment trusts (REITS) are begging for a revival in investor interest – and some much-needed reform.