Chart of the Day: URA Rental Index
Industrial REITs may likely experience revaluation gains in their portfolios based on the trend of URA rental and price indexes.
“We believe the REITs will continue to post healthy YoY growth in distributable incomes and DPUs, driven by completion of acquisitions, sound occupancy rates and possibly positive rental reversions. On a sequential basis, the financial performances are expected to stay firm, as contributions from new acquisitions are anticipated to be partially offset by higher operating and financing expenses,” said OCBC Investment Research.