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Wednesday, 15 June 2016

Stock Trading Counter :Singapore REITs to 'hold up in market downturn': S&P Global Ratings


S&P Global Ratings have expressed confidence in the stability of Asia-Pacific REITs, including that of Singapore's.

In a Monday report, analyst Craig W Parker says the region's REITs rated by the research house have "solid business positions and moderate financial positions that are likely to hold up in a market downturn".

Such rated REITs will maintain moderately conservative financial risk metrics that provide a large rating buffer to withstand debt-funded growth and economic shocks.

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