Reit privatisation unsurprising amid higher-for-longer interest rates, but investment opportunities remain: SGX equities head
Real estate investment trusts (Reits) being taken private is unsurprising as the sector is facing some challenges, but investment opportunities are still there for those “willing to look beyond the surface”, said Singapore Exchange (SGX) head of equities Ng Yao Loong on Saturday (May 24).Speaking at the opening of the Reits Symposium at the Suntec Convention Centre, Ng said Reits as an asset class have a “lower correlation with macro uncertainties as compared to equities and other asset classes”, which makes the sector a compelling alternative in market volatility.“But the...


