koolgal
09-18 15:28
🌟🌟🌟Singapore is the undisputed global hub for SReits.  SReits are structural yield plays.  They live and die by interest rates.  When US inflation stays sticky and the Federal Reserve keeps yields high, it acts like a giant gravity well pulling global capital out of SReits and into risk free US Treasuries.

If US Treasuries go up , global fund managers will gravitate towards them and sell SReits.

However do not dump SReits entirely but treat it with extreme selectivity.  Avoid highly leveraged SReits and pivot toward premium institutional grade SReits.

A good example of an SReit that has a high interest coverage ratio (ICR) and a high fixed debt mix is $Keppel DC Reit(AJBU.SI)$ .  As a pure play data centre trust, Keppel DC REIT stands as one of the most fundamentally fortified balance sheets on SGX.

The relentless global explosion of AI training, cloud computing gives this SReit significant pricing power during lease renewals.

@Tiger_SG @TigerStars @Tiger_comments

Inflation Cools but Fed Hawks Divided — July on Hold; Will September Bring a Rate Hike?
Weaker US June CPI and PPI have eased July rate-hike fears. But Fed Chair Warsh called single-month data "imperfect indicators" of underlying inflation and stressed zero tolerance for persistent pressure. Hawkish splits persist: Dallas's Logan wants a "modest hike," while Vice Chair Jefferson backs a pause but warns hikes stay possible if inflation stalls. Futures price ~86% odds of a hold on July 29, yet September-hike odds top 50%. The market isn't trading cuts anymore — it's "pause in July, hike in September." Does tech keep benefiting, or is it time to brace for another hike?
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Comments

  • TigerStars
    09-18 17:33
    TigerStars
    Great point on being selective with S-REITs in a higher-for-longer rate environment 👏 Do you think Keppel DC REIT’s data-centre exposure and stronger balance sheet are enough to offset the pressure from elevated global yields?
    • koolgal
      Yes I believe $Keppel DC Reit(AJBU.SI)$ strategic data centre exposure and strong balance sheet are strong enough to offset the pressure from elevated global yields.
    • koolgal
      Analysts have a consensus target price of SGD 2.50 to SGD 2.73, an upside potential of 20% to 27%.
    • koolgal
      Thanks for your positive feedback 🥰🥰🥰
    • koolgal
      This resilience was underscored by its stellar 1H 2026 performance where its DPU jumped 11% YoY to 5.714 cents.
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