Topic of Interest: #Fitch (31 Articles Found)

Filter
  • Filter Articles By

  • Date Range

  • Categories

    • Select Category

  • Articles

    • Select Type of Articles

  • Authors

    • Select Author

Fitch affirms ‘BBB’ ratings on Starhill Global REIT

Fitch Ratings has affirmed the ‘BBB’ long-term ratings on Starhill Global REIT medium-term notes and debt issuance programmes, as stable. The affirmation reflects Fitch’s expectations that leverage will stay “below the agency’s negative rating sensitivity of 9.0x in…

Travel bubble not enough to restore Singapore tourism’s fortunes: Fitch

The reopening of Singapore’s borders from Sept 1 to some low-risk countries will not be enough to offset losses incurred during the year, according to Fitch Solutions. This is despite the research house’s expectation that the move will…

Consumers remain hesitant in ‘new normal’

Although non-essential retail is reopening, which will aid segments that were hardest hit by the circuit breaker measures, demand-side risks have been emerging amongst consumers globally and will likely impact the spending habits of the Singaporean consumer over…

Singapore’s construction sector to take hard hit in 2020 amid Covid-19: Fitch Solutions

Singapore’s construction sector is poised to take a hard hit from the Covid-19 outbreak in the short-term, and is now expected to contract sharply by 10.3 per cent this year in real terms, according to Fitch Solutions. This…

Fitch cuts CDL H-Reit outlook; sees Ascott Reit as less vulnerable

Fitch Ratings has lowered its outlook on CDL Hospitality REIT (CDL H-Reit) to negative from stable. It said the S-Reit has a weaker business profile than other Singapore Reits, in particular hospitality peer Ascott Reit, which Fitch described…

HSR to be revived in the ‘short term’, says Fitch

The KL-Singapore HSR project, which was suspended following a change in the Malaysian government nearly two years ago, might be revived in the short term, instead of suffering from outright cancellation, says Fitch Solutions Marco Research in a…

S’pore’s clean power growth may beat expectations: Report

Growth in Singapore’s clean power generation may beat expectations in the long run, thanks to government efforts to promote the sector. Still, a lack of private sector enthusiasm to enter the market and slowing power consumption may drag…

Singapore home prices to grow 2% in 2020, 2021: Fitch Ratings

Singapore home prices are expected to show modest growth over the next two years, riding on macro-prudential measures and stable mortgage performance, anchored by strong household finances. This is according to the latest findings from Fitch Rating’s Global…

Singapore to see early rollout of 5G, Fitch says

Singapore will increase the number of its 5G networks from two to four, spurring competition and thus facilitating an early rollout in 2020, according to Fitch Ratings. The global ratings agency said that the decision to increase the…

Singapore’s construction sector may face protracted slowdown in medium term: Fitch

Singapore’s construction sector faces increasing risks of a protracted slowdown in growth in the medium term, due to the poorer global economic outlook over the next few years, Fitch Solutions Macro Research said in a report on Mon.…

Singapore’s buildings sector to grow 3.2% this year but downside risks abound: Fitch

The residential and non-residential buildings sector in Singapore will grow at 3.2 per cent this year and 2.3 per cent in 2020, supported by a strong pipeline of planned projects, according to Fitch Solutions Macro Research. But the…

Construction industry to grow 3.3% in 2019-2028 amidst transport megaproject boom

A construction boom in Singapore spurred by megaprojects in the transport sector could boost the industry’s growth by an average of 3.3% from 2019 to 2028, according to Fitch Solutions. The TEL is just one of the megaprojects…

Budget 2019 could see infrastructure spending and other moves to prop up economy: Report

Fitch Solutions analysts are looking at looser fiscal policy from the Singapore Government in Feb’s Budget, according to a short commentary out on Mon. Citing an impending global slowdown and the pressure on the Republic’s export-driven economy, the…

Singapore home prices expected to show moderate 2% growth in 2019: Fitch

Singapore home prices are expected to show moderate growth of 2% in 2019 and 3% in 2020, according to Fitch Ratings in its 2019 Global Housing and Mortgage Outlook report. Last July, Singapore raised the ABSD as home…

Home loans to rise by 7% until 2019: Fitch

Mortgage lending in Singapore is expected to rise by 5-7% per year within 2017 to 2019, Fitch Ratings said. According to its 2018 Global Housing and Mortgage Outlook, the increase in lending will be mainly driven by higher…

Home prices to jump by 4%: Fitch Ratings

Singapore’s housing market recorded its first price rise in almost four years in 3Q17, and Fitch Ratings projects it to accelerate further to 4%. According to its 2018 Global Housing and Mortgage Outlook, the Lion City has reversed…

Why easing property curbs won’t stop prices from crashing

House prices are likely to continue falling amidst oversupply and increasing interest rates, stated Fitch Ratings. Singapore’s regulators should have room to lean against price declines by reversing macro-prudential tightening, if needed. Fitch said the modest move in…

Slower earnings for Singapore office REITs

Earnings growth for the six Singapore-listed office-sector REITs is like to slow down in 2016, Fitch Ratings reported Wed. But the ratings agency said the credit profiles of most of the office SREITs are strong, which should help…

Property prices to drop further as immigration growth slows to a crawl

Private residential prices in Singapore are expected to soften further if immigration rates remain low, according to a report by Fitch. Prices will also impacted by the large supply of units that are about to enter the market,…

Singapore REITs to face greater pressures in 2016: Fitch

Risks for Singapore-listed reits (SREITs) will increase in 2016 because weak economic fundamentals will weigh on demand while new supply is added into most sectors, Fitch Ratings said in a report released on Mon. The agency expects SREITs…

Will more tourist arrivals save Singapore’s glut-stricken hospitality REITs?

Hotels are gearing up for increased tourist arrivals to Singapore next year, and it’s very easy to get one’s hopes up for brighter days to come. However, hotel owners may be staring at more vacant than occupied rooms…

Dreaded industrial space glut keeps landlords on edge

Owners of warehouses and other low-specification industrial facilities will have a tough time raising rents next year, on back of an expected sharp spike in space supply. According to a report by Fitch, around 7.7% of overall warehouse…

Singapore telcos couldn’t care less about possible new entrant: Fitch

According to a report by Fitch Ratings, Singapore telcos need not be ruffled by the the potential entry of a new mobile network operator. Competition will not intensify significantly in the next two years, as the entrant will…

Fitch: Singapore REITs likely to issue more perpetual securities in 2016

Fitch Ratings says that SREITs are likely to issue more perpetual securities in 2016 to fund asset growth and strengthen their balance sheets. This is because the regulator has tightened the cap on leverage (defined as borrowings /…

Singapore industrial Reit sector will be resilient in slowdown: Fitch

The industrial Reit sector in Singapore will remain resilient in the face of the current economic slowdown, underpinned by its “robust” financial profiles, said ratings agency Fitch on Tues. “We expect rental rates on Singapore industrial property to…

It’s all doom and gloom for struggling hospitality REITs

The next twelve months will be particularly difficult for Singapore-listed hospitality REITs, according to a report by Fitch Ratings. “[We] expect visitor arrivals into Singapore to remain weak during the next 12-18 months because of slower economic growth…

Fitch sees Singapore home prices dipping 3% each in 2015, 2016

Fitch Ratings on Thurs said that Singapore property prices will likely continue to fall in 2015-2016 by around 3 per cent per annum for both public and private homes, which are highly correlated with each other. In tandem…

Fitch: Hospitality REITs face more downside risks among SREITs next year

The ratings on Singapore Reits (SREITs) are projected to remain stable next year but hospitality SREITs could face more downside risks than other sectors, said Fitch Ratings today. The more challenging outlook for hospitality SREITs is due to…

Fitch: Risks to intensify for some SREITs under new MAS rules

MAS’s proposed amendments to regulations governing reits listed in Singapore (SREITs) has been generally heralded as a positive move. The changes aim strengthen corporate governance, align incentives of SREIT managers with unit-holder’s interests, tighten the structure of income…

Reits in stable credit position, says Fitch report

Singapore Reits are expected to have stable credit profiles over the next 12 to 18 months, a new report has found. Rating agency Fitch Ratings said yesterday that local Reits have been running high debt levels on the…

Sign In to Bookmark This Story

Sign In with Google