Fundamental, Research

U.K. REITs: We Upgrade Our Outlook to Neutral

Alan Lim, CFA, Senior Equity Analyst
29 September 2023

Summary

The Bank of England (BOE) has paused raising its key interest rate after 14 successive hikes since November 2021. In view of moderating inflation and weak economy, we think the U.K. interest rate hike in the next six to 12 months will be minimal (if there is any). We expect interest rate to be flattish or slightly increase in Q4 2023 and 2024. This should be positive to the share price trajectory of the U.K. REITs, in our view.


Want to learn more? Download the Report.

Solutions

Fundamental Equity Research
Gain a comprehensive view of global themes, industries, and companies.

Related Insights

U.K. REITs: Assessing the Impact of Interest Rate Hike

U.K. REITs: Assessing the Impact of Interest Rate Hike

U.K. REITs have underperformed in the equity market...
Read more