Money and Me: Winners and Losers Among S-REITs, Frasers Property's Profit Plunge, and the Impact of Sustained High Interest Rates

Join host Michelle Martin and REIT Specialist Kenny Loh as they delve into the latest developments in the S-REIT sector. They analyze the winners and losers over the past month and discuss the recent earnings results of S-REITs. The conversation then shifts to Frasers Property's dramatic 80% drop in profit, exploring the underlying causes and future outlook. With market expectations adjusting to higher for longer interest rates signaled by Federal Reserve Chair Jay Powell, Michelle and Kenny examine the implications for S-REITs' dividends and share prices. They also consider whether the current price-to-book ratio discount presents a buying opportunity and identify key indicators of quality assets for cautious investors. Tune in for expert insights on navigating the uncertain landscape of S-REITs. See omnystudio.com/listener for privacy information.