Heading into the FOMC meeting next week, regional markets faced strong headwind of selling. Local listed REIT counters used to be victim amid worry of rate hike. Valued hunter shall be paying attention to counters with less gearing and no pressure of short term debt. Let's look into following counters which were presenting value while falling in price.
[1] Keppel DC REIT: The only REIT serves as proxy into data center sector which has high entry barrier.
[2] Starhill Global REIT: With a mixed portfolio of retail outlets in domestic and overseas markets, the counter managed to produce stable earning over years.
*** Note: Same counters have been mentioned in July[4] & Nov[1] ***
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