Retail rent

SPH REIT posts negative rental reversion of 8.4%

This is due to weak retail leasing sentiment.

Chart of the Day: Retail rental growth in Singapore is still negative

OCBC Investment Research cited data URA which said the Retail Rental Index fell 0.5% QoQ in Q2 2021.

Retail rents slips 2.4% in H1 2021: Colliers

Average retail rents were expected to decline 1.8% by 2021.