Broker Name: DBS

Date of Report: January 2026 (Inferred from context)

Excerpt from DBS report.

• Report Summary:
• APAC REITs showed selective resilience, with TH-REITs outperforming due to defensive fund flows amidst ongoing political and geopolitical uncertainty.
• The Fed’s dovish stance and potential rate cuts in 2026 are supporting regional REITs, with S-REITs expected to benefit from a rate-cut-driven earnings upcycle, while sector preferences include office/industrial for S-REITs, retail for H-REITs and C-REITs, and industrial/hotels for TH-REITs.

Above is an excerpt from a report by DBS. Clients of DBS can be the first to access the full report from the DBS website: https://www.dbs.com