by Gabriel Yap
- Apr 2, 2023
- 4 min read

REITS ARE FINALLY EKING OUT POSITIVE RETURNS IN 1Q 2023 – WHAT LIES AHEAD FOR THE REST OF 2023?

04/2023

Our last published research “Headwinds are slowly turning into Tailwinds for S-REITs” in Dec 2022 have turned out to be accurate and prescient again. S-REITs have finally eked out positive returns in 1Q2023 after a terrible year in 2022 where S-REITs suffered their GREATEST correction of 24.07% in just 6 months, the SHARPEST correction (outside the crisis periods of the Global Financial Crisis in 2008 and Covid Pandemic of 2020) in S-REITs 20-year history.

We had forecasted that “Headstrong headwinds which knocked the sails out of global stock and REIT markets in 2022 are slowly changing direction to become tailwinds, setting the course for a turnaround soon” and true enough, 1Q2023 proved us correct and accurate.

Table 1 – Top 10 Best Performing REITs in 1Q2023

More proudly, Table 1 shows the Top 10 Best Performing REITs in 1Q2023. All 10 REITs were highlighted and presented in our Quarterly REITs classes in 2022 before their respective share price run ups.

For instance, we have been actively promoting Keppel DC REIT after we met up with its CEO, Ms Anthea Lee over lunch. We saw nothing wrong in the REIT despite the share price slide from $3 to below $1.80 in the past 1.5 years other than valuation. Our entry price below $1.80 in Keppel DC REIT have once again proven to be prescient and accurate to the core. Keppel DC REIT is the BEST Performing REIT in 1Q2023. Want to know when to take profits on Keppel DC REIT? Join us for our next Quarterly REITs Class on Sat 27 May 2023.

Table 2 – Lunch with Ms Anthea Lee, CEO of Keppel DC REIT

Table 3 – Worst 10 Performing REITs in 1Q2023

Equally proud, Table 3 shows the Worst 10 Performing REITs in 1Q2023. We had forewarned on All 10 REITs in our Quarterly REIT classes and in our weekly YouTube videos.

Clearly,

1. Investing in REITs is about picking the right REITs for your investment portfolio. Being able to pick the Top 10 REITs in 1Q2023 for a $1 million investment would have yield a return of $82,000 in capital gain whereas that same $1 million investment, wrongly invested in the Worst 10 Performing REITs in 1Q2023 would have wiped off $214,300 from your capital of $1,000,000. Want to prepare your REITs portfolio for a profitable and defensive outing in 2Q2023 and the rest of the year? Join us for WHAT WORKS FOR REITS IN 2H2023

2. S-REITs probably has hit the low of 662.9 points on Fri 21 Oct 2022, just 1 day after we had called a LOW in our Business Times Interview on Thu 20 Oct 2022.

Table 4 – Our Business Times Interview on Thu 20 Oct 2022. 1 day later, the S-REIT market hit its LOW.

Once again, this has proven what we have been teaching and emphasizing in our REITs classes and YouTube videos – The headwinds need NOT turn yet, but markets and REIT prices will start to turn when the negatives need only become LESS negative!

Smart and profitable investing in REITs is as much a creative and intuitive process as it is an analytical process. Thus, we have always trained our REIT investor students to think in both creative as well as analytical way, by making assumptions that have high accuracy of happening and develop a great sense of timing. We have always emphasized that a savvy sagacious investor will depend on your ability to synthesize information and to see things that no one is able to see or refuse to see/imagine at the right timing.

And right timing is a concept that a lot of market “experts” and analysts have proffered as very difficult or impossible.

Afterall, by definition, if you want to earn outsized returns that no one is earning, you have to do things that others will not do/lazy to do, at the right time. JOIN US.

OUR LATEST MEDIA INTERVIEW ON REITS, TECHNOLOGY & DISRUPTOR INNOVATORS –

1. Prospects for S-REITs in 2023 – Money Mind Interview Sat 28 Jan 2023

https://youtu.be/rmTnQkns_4g

2. S-REITS UNDER SEVERE STRESS – Our Lianhe Zaobao Interview Wed 16 Nov 2022

https://www.linkedin.com/posts/gabriel-yap-8745b822_interview-reits-inverse-activity-6998608672159412224-N3q-?utm_source=share&utm_medium=member_desktop

3. UPCOMING Q3 RESULTS WILL BE PIVOTAL FOR S-REITS FOLLOWING ONE OF THE WORST ROUTS – Our Business Time Interview Thu 20 Oct 2022

https://www.linkedin.com/posts/gabriel-yap-8745b822_interview-business-reits-activity-6988662368247414785-ecfD?utm_source=share&utm_medium=member_desktop

4. IS THAT WHY ASCENDAS REIT SURGED TODAY? Our Lianhe Zaobao Interview Fri 9 SEP 2022

https://www.linkedin.com/posts/gabriel-yap-8745b822_is-that-why-ascendas-reit-surged-today-our-activity-6973979178803093504-HyJB?utm_source=share&utm_medium=member_desktop

5. REITS AS GREAT INVESTMENTS – National Day Interview 9 Aug 2022, BIZ TECH

https://www.linkedin.com/posts/gabriel-yap-8745b822_tech-interview-reits-ugcPost-6962685236212064256-oVyj?utm_source=share&utm_medium=member_desktop

6. S-REITS MARKET MUST STEP UP – Our Business Time Interview 9 Jul 2022

https://www.linkedin.com/posts/gabriel-yap-8745b822_s-reits-market-must-step-up-our-business-activity-6954980627293097984-tWe6?utm_source=share&utm_medium=member_deskt

7. BETTER INVESTOR EDUCATION AND PROTECTION FOR A THRIVING REIT MARKET – 26 May 2022, BUSINESS TIMES