Rental reversions in the segment are starting to turn positive amid a recovery in consumer spending
SINGAPORE-LISTED real estate investment trusts (S-Reits) with exposure to China will continue to see downward pressure on their valuations in the coming quarters amid the ongoing slump in China’s property market.
However, the country’s retail sector, which is starting to see positive rental reversions, will be the bright spot in the otherwise gloomy real estate market, said market analysts following the latest season of financial results.