Daily BriefsSingapore

Daily Brief Singapore: Frasers Logistics & Commercial Trust and more

In today’s briefing:

  • REIT Watch – S-REITs actively manage impact of rising rates; average ICR at 4.3 times


REIT Watch – S-REITs actively manage impact of rising rates; average ICR at 4.3 times

By Geoff Howie

  • S-REITs actively manage impact of rising rates; average ICR at 4.3 times Higher interest rates have typically been associated with higher borrowing costs and therefore lower distributions available for unitholders.
  • To hedge the impact of rising rates, S-REITs have been actively managing interest rate exposures.

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