Now may be time to go "all in" on Singapore REITs, DBS Group Research analysts say after the U.S. Federal Reserve cut interest rates and signaled more could come.
The analysts' recent conversations with investors suggest more incremental allocations into the REIT sector, despite an incoming correction over the past few days, they say.
Singapore's 6-month T-bill yields dropping to around 1.3% could also push investors to put money into Singapore REITs, which should resume its rally heading into 4Q this year, they add.
DBS's preferred picks include Mapletree Pan Asia Commercial Trust and ESR-REIT, which have yields closer to 6.0% and above.