A 28% total return from the broader Singapore REITs market (ST Real Estate Investment Trust Index) in 2017 boosted valuations to a 2-year high and is expected to limit this year’s return despite the prospects of an analyst earnings upgrade, according to Credit Suisse. The average distribution per unit (DPU) for FY2018E Singapore REITs (SREITs) has been compressed to 5.46%, which…
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