0116 GMT - Singapore's suburban retail, healthcare and data center real estate investment trusts are most likely to ride out greater uncertainty stemming from renewed U.S.-China tensions and a protracted U.S. government shutdown, says UOB Kay Hian's Jonathan Koh in a note. These sectors are likely more defensive given these are less affected by trade conflict and reciprocal U.S. tariffs, he says. The uncertainty in the U.S. could weigh on the already weak job market there and encourage the Federal Reserve to cut its rates. Singapore REITs could benefit from these cuts as lower interest rates could make their yield spreads attractive, he adds. UOB KH's picks include CapitaLand Integrated Commercial Trust, Keppel DC REIT and Parkway Life REIT. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

October 14, 2025 21:16 ET (01:16 GMT)

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