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STOCKS NEWS SINGAPORE-CIMB says Singapore REITs attractive
CIMB Research said, amid volatile markets, Singapore real
estate investment trusts (S-REITs) are compelling due to
attractive yield spreads, a stable outlook and defensive
property portfolios and debt profiles.
CIMB said it prefers office S-REITs due to their relative
valuations and a bottoming of the office cycle. Office
landlords' bargaining positions have strengthened on sustained
strong occupancy,
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