, Columnist
Singapore Landlords Need a Post-Covid Remake
There’s a better way to run REITs to account for fluctuations from the coronavirus.
Shopping mall tenants could use a break on the rent.
Photographer: Suhaimi Abdullah/Getty Images
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Every third dollar changing hands on Singapore Exchange Ltd. is because of someone buying or selling units in a real estate investment trust. But has the city’s REIT mania gone a bit too far?
The coronavirus pandemic has raised hard questions that have only simmered under the surface until now.