$CapLand Ascendas REIT(A17U.SG)$Mapletree Ind Trust(ME8U.SG)$Mapletree PanAsia Com Tr(N2IU.SG)$Keppel DC Reit(AJBU.SG)📉…
$CapLand Ascendas REIT(A17U.SG)$Mapletree Ind Trust(ME8U.SG)
$Mapletree PanAsia Com Tr(N2IU.SG)$Keppel DC Reit(AJBU.SG)
📉 S-REITs Grinding Lower After Jackson Hole - Here’s the Full Story
Since the 2026 Jackson Hole symposium, S-REITs have been in a steady downtrend.
Following Fed Chair Kevin Warsh’s hawkish message, the sector fell an average of 1.6% over seven trading days while the broader STI actually gained 0.5%.
This is not about poor earnings, it is a discount-rate shock. As US 10-year yields climbed toward 4.81%, the yield spread investors demand from REITs got squeezed.
Even though most blue-chip S-REITs have 70–87% of debt hedged to protect dividends, share prices dropped as money rotated into banks to chase higher interest margins.
📊 Who’s Down, Who’s Holding Up
🔴 Under Pressure:
CapitaLand Ascendas (CLAR) and MPACT both fell over 3%, weighed by higher leverage and operational headwinds.
🟢 Resilient:
Data center-focused REITs stayed in the green. For example :Keppel DC REIT +0.28% and Mapletree Industrial Trust +0.52%, backed by strong balance sheets and the AI growth story.
🔑 What’s Next?
All eyes on tomorrow, 11 Sept CPI. The coming inflation data will move yields and decide whether S-REITs derate further or stage a recovery.
👉 See the “Real Estate Trust Performance Trends” infographic for the complete winner/loser breakdown😀
Not financial advice. Please do your own DD☺️.
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