March 18 (Bloomberg) -- Singapore real estate investment trusts, or REITs, may suffer from a surge in new commercial properties and below-average economic growth, according to Moody’s Investors Service.“Based on the substantial supply of commercial properties due to come on stream over the next two years we expect the fundamental prospects for the sector to remain challenging,” Peter Choy, Moody’s senior credit officer, said in a report e- mailed today. Full Story
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Moody's: Modest economic rally, strong supply weigh on Singapore REITs - The Edge Malaysia
Singapore REITs at Risk on Supply of New Property, Moody’s Says - Bloomberg.com
