REITS: CLSA remains Overweight and adjusts TPs across the board
- Lowered its risk free rate assumption on expectations that rates will be lower for longer
- Sector preference: Industrial>Retail>Office>Hospitality
- Top picks: Keppel DC REIT (Buy, TP: $1.33), Mapletree Industrial Trust (Outperform, TP: $1.91), Mapletree Commercial Trust (Outperform, TP: $1.65), and Ascendas Reit (Outperform, TP: $2.59)
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