Real Estate Investment Trusts (REITs) are popular investment vehicles known for their stable income and potential for long-term capital appreciation. In the Singapore market, there are several REITs that have recently experienced a significant retraction of over 10% and are currently trading at resistance levels.
This article will delve into five such Singapore REITs: Capital Ascendas REIT, Frasers Centrepoint Trust, AIMS APAC REIT, Mapletree Industrial Trust, and Suntec REIT. We will explore their recent performance, examine the support levels they face, and discuss potential factors influencing their future prospects.
