S-REITs to provide higher income, resilience amidst global disruption: HSBC

Singapore’s economy will stand out from a growth trajectory perspective.

Some real estate investment trusts (REITs) in Singapore may provide higher income and resilience to the economy in the second half of 2022 whilst inflationary pressures remain, said James Cheo, chief investment officer for Southeast Asia, Global Private Banking and Wealth.

"The Singaporean dollar is supported by the Monetary Authority of Singapore's appreciation bias and its resilient underlying fundamentals such as current account surplus and strong capital inflows,” added Cheo, in a statement which indicated HSBC’s outlook for Singapore.

Even as energy shocks and supply chain disruptions continue globally, Cheo underscored Singapore’s economy will stand out from a growth trajectory perspective. The market’s economy remains robust because of the semiconductor and pharmaceutical industry.

Cheo said Singapore is one of the first countries to push for border reopening, which will give Singapore a first-mover advantage, especially for its status as a global transportation hub.

Follow the link for more news on

HSBC

S-REIT

Also Read

Singapore ranks second in global economic freedom

Economists forecast modest NODX growth for Singapore in 2024

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit