The news has caused a panic selling by retail investors. The implication of the rising interest rate is that it will hurt the Reits DPUs especially for Reits that did not hedge their borrowings. On the contrary, the rise of interest rate will benefit the banks.
I have been waiting for this opportunity with my watch list. Be a contrarian, be greedy when people are fearful. Wait for the right entry opportunity to long good quality stocks and Reits. Are you ready for your Christmas shopping?