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Singapore REITs - Prolonged Bottoming - Bloomberg
Singapore REITs - Prolonged Bottoming - Bloomberg
Steepening yield curve to lengthen the U-shaped recovery. Overseas exposures better
hedged than feared, but still the key source of potential surprises, office in particular.
Earnings and TPs revised; tilting risk-reward towards riskier balance sheets. Prefer
CICT, CLAR and MPACT.