Goldman Sachs picks Asia REITs as winners on easing lockdowns


GOLDMAN Sachs expects Asia Pacific’s real estate investment trusts to outperform the broader market on their dividend prospects as economies reopen.

The "relative stability” and higher visibility of dividends in the REIT sector has helped the stocks outperform the overall market during periods of rate cuts and slow economic growth, analysts including Justin Kwok and Yi Wang wrote in a report on Monday. There will also be higher certainty in rental income with the gradual reopening of business activities in the region, they added.

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Goldman Sachs , REIT , Asia Pacific

   

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