China property crisis holds Singapore, Hong Kong REITs back

SINGAPORE — China’s ongoing property crisis has piled further pressure on real estate investment trusts (REITs) in Asia as investors tread warily, with the troubles of Chinese players feeding doubt into the markets.

The recovery paths for the regional REITs, already weighed down by elevated interest rates and global inflation, have been further darkened, experts say, by the stressed real estate sector in China, where property stocks continue to decline.

The original article can be found here