atans1

Why I avoid commercial office Reits and developers

In Financial competency, Property on 17/01/2021 at 10:06 am

About 55% of employers said they expected staff to work from home at least one day a week after concerns about the virus passes, a PWC survey found. And more than 80% of employees said they supported that idea.

Analysts say such a shift could have widespread implications, reducing demand for office and residential properties in expensive city centres. Rents in New York and San Francisco have already dropped.

  1. With upcoming Biden & a Demo US govt, my position in Marijuana REIT has been doing well. Up 45% in 3 months and almost 1,000% over 4 years. #GreenWave

    Ok, ok, data centre REITs also doing well, what with all the cloud computing, e-commerce, fintech, govtech, healthtech, edutech, SaaS, IaaS, PaaS, and even TaaS even though I expect the last to require more localised distributed infrastructure.

    S’pore Office REITs may be weak over the next 0.5-1 year, but should generally recover as long as SG retains attractiveness as regional hub & finance centre. Unlike in the US or other bigger countries, in Singapore you can’t really WFH in JB or Batam and still enjoy the same level of connectedness & responsiveness.

    Double bonus if ASEAN economies strengthen. Stick to class A office properties.

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