Singapore Industrial, Logistics REITs' Growth in Rent-Renewal Rates Set to Hold Steady -- Market Talk

Dow Jones
Nov 27

0507 GMT - Singapore logistics and industrial REITs are likely to see steady growth in rates of rents renewed next year, with Fitch Ratings putting gains at around 5%-10%. These REITs are likely to benefit from tailwinds in the growing e-commerce and advanced manufacturing sectors, driving demand for quality logistics and high-specification industrial space, the analysts say in a note. Still, they expect growth rates in renewed rents in 2026 to be more muted for Singapore industrial and logistics properties in Mapletree Industrial Trust, Frasers Logistics & Commercial Trust and ESR-REIT's portfolios, given a likely higher-than-average increase in new supply.(megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

November 27, 2025 00:07 ET (05:07 GMT)

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