Deals
Singapore REITs Will Be Resilient in 2023 Amid Payouts, DBS Says
- Volatility makes IPOs challenging as investors turn defensive
- Capital markets group head sees Thai deals waiting for window
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Real estate investment trusts 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.