Chart of the Day: URA Price Index
Analyst expects industrial REITs to post healthy YoY growth.
OCBC Investment Research cited the following as drivers: completion of acquisitions, sound occupancy rates, and possibly positive rental reversions.
"Looking at the trend of URA rental and price indexes over the past year, we believe the REITs may likely experience revaluation gains in their portfolios. This may in turn provide some relief on their aggregate leverages, which have mostly been rising amid a spate of acquisitions," said OCBC.