Moody's Investors Service says the outlook is stable for Singapore's Real Estate Investment Trusts (REITs) sector in the year ahead.
Based on a report released on Monday, the ratings agency says a larger asset base and rent increases on existing properties are expected to fuel growth for the 13 REITs it rated.
It forecasts that the earnings before interest, taxes, depreciation and amortization (EBITDA) of the 13 S-REITs will grow by 4 per cent in 2014.
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