Top 3 REITs On Huge Discounts Right Now
Singapore's stock market for blue-chip stocks such as banks and REITs have almost returned to all-time lows in March recently. This fall in share price can be attributed to two things mainly: the poor performance of the US market recently due to the presidential election creating uncertainty among investors and the increase in COVID-19 (Secon/Third-wave) cases in Europe and the United States. As a result, many blue-chip REITs and banks in Singapore's stock market share prices have plummeted as well due to the general negative market sentiment. However, nothing fundamentally significant has changed with these stocks. This means that these blue-chip REITs business models are still extremely stable and relatively low risk. This creates many opportunities for investors to acquire these blue-chip REITs at a massive discount at their current prices. Here are my top 3 REITs that are on huge discounts currently. 1. CapitaMall Trust (Blue-Chip) CapitaMall Trust is currently trading at