Singapore Investors Are Picking REITs Over Developers
- Property stocks in the city-state down 5.4% since July 5 curbs
- Investors see REITs as a haven despite interest-rate increases
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Buy the businesses that hold the real-estate assets rather than the ones that sell them.
That’s the message from a growing number of analysts in Singapore who say REITs, or real estate investment trusts, are a better bet than developers in light of the island’s recent cooling measures.