Singapore REITs’ yield spreads of 4.48% remain one of the most attractive in the region. A pick-up in visitor arrivals is expected driven by inbound tourism from Indonesia, China, Australia and India. However, headwinds remain as the retail environment continues to remain challenging with rising costs and threat from new online channels. Vikrant's top stock picks include CDL Hospitality Trust, Ascendas REIT and Ascott Residence Trust.