動画公開日：2024-08-20 07:58:00
I’ve noticed something lately that’s got me a bit worried. It seems like a lot of REIT investors are starting to wave the white flag and give up. And here’s the kicker, just when I believe we might be on the verge of an upturn!
Let me explain what’s been going on. For the first time in a long while, the weekly top buys and sells on the SGX have almost no REITs in sight! Can you believe that? Only Keppel DC REIT showed up on the ‘sells’ list—and zero REITs on the ‘buys’. Now that’s a big shift from what we usually see, and it’s got me thinking that investor sentiment towards REITs is at rock bottom.
But now is not the time to give up on REITs. The U.S. Federal Reserve looks set to cut interest rates by September this year. This time, it’s not just market speculation, the data is backing it up. Inflation has come down substantially, and the pressure to raise rates is easing. Historically, REITs perform exceptionally well in the year following interest rate cuts.
So if you’re thinking of bailing on REITs, my advice is simple: Hold your horses. We could be on the brink of an upturn, and it might happen sooner than we expect.
Among the Singapore REITs, CapitaLand Integrated Commercial Trust is my best bet to lead us out of the long-suffering REITs bottom. Join me in ‘The Dividend Uncle’s Take’!
