...Higher Risks in 2016: Fitch Ratings says that Singapore's hospitality- and industrial- real estate investment trusts (SREITS) will face higher risks in 2016, with weaker earnings and higher leverage, but healthcare SREITs will continue to perform well. Hospitality REITs Stem Decline: Hospitality REITS earnings are likely to fall again in 2016, but at a slower pace, because visitors arriving from China and India ¡ two key inbound markets ¡ are likely to increase, compared with 2015. However, incremental hotel room supply in Singapore will continue to outpace demand, keeping operating conditions challenging for the sector. REITSs with greater exposure to mid-tier segment hotels or those with earnings predominantly generated from Singapore will feel the impact more acutely. Low-Spec Industrial Rents will Ease: Weaker manufacturing and an uncertain global macroeconomic outlook spell weaker demand for industrial space. REITs with expiring tenancy contracts may see occupants choose smaller spaces...
