Investors Pivot To S-REITs, Bank Stocks as T-Bill Yields Drop To 1.8%: Analyst

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Investors Pivot To S-REITs, Bank Stocks as T-Bill Yields Drop To 1.8%: Analyst

Singapore Business Review07-21

The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search of...

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VWapMax
·07-30
Cross over to Reits for higher yields
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InvestToRetire
·07-23
Think SG banks will maintain momentum at least for now as don't think US will drop interest rates.
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestors Pivot To S-REITs, Bank Stocks as T-Bill Yields Drop To 1.8%: Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-21 10:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst><strong>Singapore Business Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search of...</p>\n\n<a href=\"https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AJBU.SI","symbol_name":"吉宝数据中心房地产信托","start_time":0,"source_url":"https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst","article_id":"1104816229","we_media_id":null,"thumbnails":[],"rights":{"source":"sgbusiess_stock","url":"https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1104816229","pubTimestamp":1753065415,"columns":[{"name":"Data Report","id":30,"label_key":"dataReport"}],"sourceInfo":{"source_id":"sgbusiess_stock","name":"Singapore Business Review"},"weMediaInfo":null,"summary":"The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search...","collect":0,"end_time":0,"defaultTopTitle":"sbr.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"AJBU.SI":"吉宝数据中心房地产信托","CY6U.SI":"凯德印度信托","BUOU.SI":"星狮物流工业信托","HMN.SI":"凯德雅诗阁信托","DCRU.SI":"DigiCore Reit USD","C2PU.SI":"百汇生命产业信托","O39.SI":"华侨银行","K71U.SI":"吉宝房地产信托","AU8U.SI":"凯德商用中国信托","J69U.SI":"星狮地产信托","J85.SI":"城市酒店信托","M44U.SI":"丰树物流信托","A17U.SI":"凯德腾飞房产信托","C38U.SI":"凯德商用新加坡信托","OXMU.SI":"Prime US ReitUSD","D05.SI":"星展集团控股","N2IU.SI":"丰树商业信托","U11.SI":"大华银行","JYEU.SI":"Lendlease Reit","ME8U.SI":"丰树工业信托"},"translate_title":"分析师：随着国库券收益率跌至1.8%，投资者转向S-REITs和银行股","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"U11.SI":1.1,"OXMU.SI":1.1,"CY6U.SI":1.1,"JYEU.SI":1.1,"BUOU.SI":1.1,"M44U.SI":1.1,"C2PU.SI":1.1,"A17U.SI":1.1,"C38U.SI":1.1,"HMN.SI":1.1,"D05.SI":1.1,"K71U.SI":1.1,"O39.SI":1.1,"SK6U.SI":1.1,"AJBU.SI":1.1,"AU8U.SI":1.1,"ME8U.SI":1.1,"N2IU.SI":1.1,"J85.SI":1.1,"J69U.SI":1.1,"DCRU.SI":1.1,"ACV.SI":1.1},"content_text":"The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search of stronger returns, with Singapore REITs and bank stocks emerging as prime beneficiaries.According to the latest strategy note from DBS Group Research, a “wall of money” is moving toward higher-yielding assets, especially those offering yields above 6%.The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.S-REITs are currently trading at a forward yield of 6.0% and 0.88 times price-to-book, whilst banks are offering dividend yields of up to 6.5% for FY25F, with potential upside in FY26F.DBS said approximately $100b in liquidity could be seeking alternatives to government securities, and even a 10% reallocation could mean $10b flowing into REITs and bank equities.The firm expects retail investors to favour well-known names with strong local assets, such as KREIT, LREIT, SGREIT, ESR REIT, and FEHT.This trend comes at a time when REITs are expected to rebound. As short-term rates begin to decline, many REITs with floating-rate debt are expected to benefit from reduced financing costs, improved hedging terms, and eventual DPU (distribution per unit) recovery, particularly from 2Q25 onward.Singapore banks, whilst facing slight net interest margin compression, are expected to remain resilient. DBS noted lower deposit costs and rising income from wealth management — buoyed by record AUM and strong net inflows — are helping offset headwinds. Ongoing share buybacks are also supporting stock valuations.Both sectors have delivered solid total returns in the first half of 2025, with S-REITs up 3% YtD and banks holding steady. Looking ahead, DBS projects annualised returns of 10% to 13% for both segments from 2025 to 2026, as lower rates help equalise performance between the two.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":462015481225624,"gmtCreate":1753837894536,"gmtModify":1753837898310,"author":{"id":"3572341847466735","authorId":"3572341847466735","name":"VWapMax","avatar":"https://static.tigerbbs.com/5f640928682d3c7de592dc9ca1711fd5","vip":1,"crmLevel":12,"crmLevelSwitch":1,"idStr":"3572341847466735","authorIdStr":"3572341847466735"},"htmlText":"Cross over to Reits for higher yields","listText":"Cross over to Reits for higher yields","text":"Cross over to Reits for higher yields","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/462015481225624","repostId":1104816229,"repostType":2,"repost":{"id":"1104816229","kind":"news","pubTimestamp":1753065415,"share":"https://ttm.financial/m/news/1104816229?lang=&edition=fundamental","pubTime":"2025-07-21 10:36","market":"sg","language":"en","title":"Investors Pivot To S-REITs, Bank Stocks as T-Bill Yields Drop To 1.8%: Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1104816229","media":"Singapore Business Review","summary":"The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search...","content":"<div>\n<p>The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search of...</p>\n\n<a href=\"https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst\">Web Link</a>\n\n</div>\n","source":"sgbusiess_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestors Pivot To S-REITs, Bank Stocks as T-Bill Yields Drop To 1.8%: Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-21 10:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst><strong>Singapore Business Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search of...</p>\n\n<a href=\"https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AJBU.SI":"吉宝数据中心房地产信托","CY6U.SI":"凯德印度信托","BUOU.SI":"星狮物流工业信托","HMN.SI":"凯德雅诗阁信托","DCRU.SI":"DigiCore Reit USD","C2PU.SI":"百汇生命产业信托","O39.SI":"华侨银行","K71U.SI":"吉宝房地产信托","AU8U.SI":"凯德商用中国信托","J69U.SI":"星狮地产信托","J85.SI":"城市酒店信托","M44U.SI":"丰树物流信托","A17U.SI":"凯德腾飞房产信托","C38U.SI":"凯德商用新加坡信托","OXMU.SI":"Prime US ReitUSD","D05.SI":"星展集团控股","N2IU.SI":"丰树商业信托","U11.SI":"大华银行","JYEU.SI":"Lendlease Reit","ME8U.SI":"丰树工业信托"},"source_url":"https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104816229","content_text":"The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search of stronger returns, with Singapore REITs and bank stocks emerging as prime beneficiaries.According to the latest strategy note from DBS Group Research, a “wall of money” is moving toward higher-yielding assets, especially those offering yields above 6%.The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.S-REITs are currently trading at a forward yield of 6.0% and 0.88 times price-to-book, whilst banks are offering dividend yields of up to 6.5% for FY25F, with potential upside in FY26F.DBS said approximately $100b in liquidity could be seeking alternatives to government securities, and even a 10% reallocation could mean $10b flowing into REITs and bank equities.The firm expects retail investors to favour well-known names with strong local assets, such as KREIT, LREIT, SGREIT, ESR REIT, and FEHT.This trend comes at a time when REITs are expected to rebound. As short-term rates begin to decline, many REITs with floating-rate debt are expected to benefit from reduced financing costs, improved hedging terms, and eventual DPU (distribution per unit) recovery, particularly from 2Q25 onward.Singapore banks, whilst facing slight net interest margin compression, are expected to remain resilient. DBS noted lower deposit costs and rising income from wealth management — buoyed by record AUM and strong net inflows — are helping offset headwinds. Ongoing share buybacks are also supporting stock valuations.Both sectors have delivered solid total returns in the first half of 2025, with S-REITs up 3% YtD and banks holding steady. Looking ahead, DBS projects annualised returns of 10% to 13% for both segments from 2025 to 2026, as lower rates help equalise performance between the two.","news_type":1,"symbols_score_info":{"U11.SI":1.1,"OXMU.SI":1.1,"CY6U.SI":1.1,"JYEU.SI":1.1,"BUOU.SI":1.1,"M44U.SI":1.1,"C2PU.SI":1.1,"A17U.SI":1.1,"C38U.SI":1.1,"HMN.SI":1.1,"D05.SI":1.1,"K71U.SI":1.1,"O39.SI":1.1,"SK6U.SI":1.1,"AJBU.SI":1.1,"AU8U.SI":1.1,"ME8U.SI":1.1,"N2IU.SI":1.1,"J85.SI":1.1,"J69U.SI":1.1,"DCRU.SI":1.1,"ACV.SI":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":459748497142152,"gmtCreate":1753246988822,"gmtModify":1753246993157,"author":{"id":"4172323236375242","authorId":"4172323236375242","name":"InvestToRetire","avatar":"https://community-static.tradeup.com/news/8d70dd9ca2f57b29c925c8b6753b8061","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"4172323236375242","authorIdStr":"4172323236375242"},"htmlText":"Think SG banks will maintain momentum at least for now as don't think US will drop interest rates.","listText":"Think SG banks will maintain momentum at least for now as don't think US will drop interest rates.","text":"Think SG banks will maintain momentum at least for now as don't think US will drop interest rates.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/459748497142152","repostId":1104816229,"repostType":2,"repost":{"id":"1104816229","kind":"news","pubTimestamp":1753065415,"share":"https://ttm.financial/m/news/1104816229?lang=&edition=fundamental","pubTime":"2025-07-21 10:36","market":"sg","language":"en","title":"Investors Pivot To S-REITs, Bank Stocks as T-Bill Yields Drop To 1.8%: Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1104816229","media":"Singapore Business Review","summary":"The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search...","content":"<div>\n<p>The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search of...</p>\n\n<a href=\"https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst\">Web Link</a>\n\n</div>\n","source":"sgbusiess_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestors Pivot To S-REITs, Bank Stocks as T-Bill Yields Drop To 1.8%: Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-21 10:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst><strong>Singapore Business Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search of...</p>\n\n<a href=\"https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AJBU.SI":"吉宝数据中心房地产信托","CY6U.SI":"凯德印度信托","BUOU.SI":"星狮物流工业信托","HMN.SI":"凯德雅诗阁信托","DCRU.SI":"DigiCore Reit USD","C2PU.SI":"百汇生命产业信托","O39.SI":"华侨银行","K71U.SI":"吉宝房地产信托","AU8U.SI":"凯德商用中国信托","J69U.SI":"星狮地产信托","J85.SI":"城市酒店信托","M44U.SI":"丰树物流信托","A17U.SI":"凯德腾飞房产信托","C38U.SI":"凯德商用新加坡信托","OXMU.SI":"Prime US ReitUSD","D05.SI":"星展集团控股","N2IU.SI":"丰树商业信托","U11.SI":"大华银行","JYEU.SI":"Lendlease Reit","ME8U.SI":"丰树工业信托"},"source_url":"https://sbr.com.sg/markets-investing/news/investors-pivot-s-reits-bank-stocks-t-bill-yields-drop-18-analyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104816229","content_text":"The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.As T-bill yields fall to 1.8%, investors are reallocating capital in search of stronger returns, with Singapore REITs and bank stocks emerging as prime beneficiaries.According to the latest strategy note from DBS Group Research, a “wall of money” is moving toward higher-yielding assets, especially those offering yields above 6%.The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.S-REITs are currently trading at a forward yield of 6.0% and 0.88 times price-to-book, whilst banks are offering dividend yields of up to 6.5% for FY25F, with potential upside in FY26F.DBS said approximately $100b in liquidity could be seeking alternatives to government securities, and even a 10% reallocation could mean $10b flowing into REITs and bank equities.The firm expects retail investors to favour well-known names with strong local assets, such as KREIT, LREIT, SGREIT, ESR REIT, and FEHT.This trend comes at a time when REITs are expected to rebound. As short-term rates begin to decline, many REITs with floating-rate debt are expected to benefit from reduced financing costs, improved hedging terms, and eventual DPU (distribution per unit) recovery, particularly from 2Q25 onward.Singapore banks, whilst facing slight net interest margin compression, are expected to remain resilient. DBS noted lower deposit costs and rising income from wealth management — buoyed by record AUM and strong net inflows — are helping offset headwinds. Ongoing share buybacks are also supporting stock valuations.Both sectors have delivered solid total returns in the first half of 2025, with S-REITs up 3% YtD and banks holding steady. Looking ahead, DBS projects annualised returns of 10% to 13% for both segments from 2025 to 2026, as lower rates help equalise performance between the two.","news_type":1,"symbols_score_info":{"U11.SI":1.1,"OXMU.SI":1.1,"CY6U.SI":1.1,"JYEU.SI":1.1,"BUOU.SI":1.1,"M44U.SI":1.1,"C2PU.SI":1.1,"A17U.SI":1.1,"C38U.SI":1.1,"HMN.SI":1.1,"D05.SI":1.1,"K71U.SI":1.1,"O39.SI":1.1,"SK6U.SI":1.1,"AJBU.SI":1.1,"AU8U.SI":1.1,"ME8U.SI":1.1,"N2IU.SI":1.1,"J85.SI":1.1,"J69U.SI":1.1,"DCRU.SI":1.1,"ACV.SI":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":23,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}