SINGAPORE – Real estate investment trusts (Reits) are looking to make a comeback in 2023 after a torrid 2022, with the pace of interest rate hikes in the United States expected to slow, said analysts.
Favoured by investors for their dividends, Reits took a beating in 2022 as rising inflation and interest rates dented sentiment in the sector. High interest rates make it dearer for Reits, which are debt-intensive, to repay their loans.
