23 Jan '11, 10pm

Retail-linked REITs a good choice: Analysts: It has positive ratings on retail play REITs like CapitaMall Trust

SINGAPORE - With improving economic indicators and rising tourist arrivals, analysts are singling out retail-linked real estate investment trusts (REITs) as good investment bets for investors. Compared with the office sector, the retail sector has remained much more resilient, said Mumbai-based financial group IIFL in its Jan 11 report. It has positive ratings on retail play REITs like CapitaMall Trust and CapitMall Asia, citing the bullishness on retail sales and space demand, which will be driven by strong GDP growth and tourist arrivals in the next two years. IIFL upgraded CapitaMall Trust to "buy" on Friday after it reported a 9.24-cents distribution per unit for 2010. "We like its robust occupancy rate (99.3 per cent) and steady growth via strong reversions (6.5 per cent) in FY2010," IIFL said. The trust's asset enhancements initiatives in JCube and Atrium @Orchard ar...

Full article: http://www.todayonline.com/Business/EDC110124-0000125/Ret...

Tweets

[CNA] Retail-linked REITs seen benefitting from growth in retail sales

[CNA] Retail-linked REITs seen benefitting from...

channelnewsasia.com 02 Feb '11, 3pm

SINGAPORE : Sustained economic growth and strong tourist arrivals in the next two years are expected to spur growth in ret...

DTN Singapore: Retail investors bullish on Sing...

channelnewsasia.com 25 Jan '11, 1pm

SINGAPORE : Retail investors in Singapore are more bullish on the outlook for the local stock market in the next six month...

More REITs to make debut on S'pore Exchange: by...

todayonline.com 16 Jan '11, 10pm

SINGAPORE - At least seven real estate investment trusts (REITs) that could raise around $4 billion are expected to make t...

Gold has good prospects this year: analysts

channelnewsasia.com 31 Jan '11, 2pm

SINGAPORE: The prospects for gold remain good this year as prices are expected to reach about S$2,049 per ounce by the end...

Sponsorship pie growth is good news

todayonline.com 26 Jan '11, 10pm

SINGAPORE - Sports sponsorship is increasingly big business here these days. As Singapore's top athletes win more internat...

Moody's expects continued growth in S-REITs: By Jonathan Peeris | Posted: 25 January 2011 1827 hrs S... #realestate

Moody's expects continued growth in S-REITs: By...

channelnewsasia.com 25 Jan '11, 10am

SINGAPORE: Moody's Investors Service expects continued growth in Singapore Real Estate Investment Trusts (S-REITs) this ye...