Singapore Retail REITs - DBS Research 2020-06-17: Shopping Starts This Weekend!

Singapore Retail REITs - DBS Research | SGinvestors.io CAPITALAND MALL TRUST (SGX:C38U) FRASERS CENTREPOINT TRUST (SGX:J69U) LENDLEASE GLOBAL COMMERCIAL REIT (SGX:JYEU)

Singapore Retail REITs - Shopping Starts This Weekend!




What’s New

  • With community cases remaining stable despite the increase in workplace activity in Phase 1 of re-opening, Phase 2 of circuit breaker has now been brought forward to 19 June (previously expected to be end June/ early July).
  • The majority of trade sectors will be allowed resume operations including those within the fashion, fitness and education trade sectors.
  • Social gatherings will be allowed up to five persons, with home visitations allowed up to five persons as well.
  • Dine-in option will be available at F&B outlets, subject to a maximum of 5 per table.
  • Healthcare related tenants will also be given permission to re-operate, including beauty aesthetic services.
  • Entertainment tenants, on the other hand, will likely be able to re-open only in Phase 3, where larger sized gatherings will be allowed.


Our Thoughts






Singapore Research DBS Group Research | Derek TAN DBS Research | https://www.dbsvickers.com/ 2020-06-16
SGX Stock Analyst Report BUY MAINTAIN BUY 2.150 SAME 2.150
BUY MAINTAIN BUY 2.650 SAME 2.650
BUY MAINTAIN BUY 0.850 SAME 0.850



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