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commercial REITs
Broker's Calls
CGS-CIMB maintains 'hold' on OUE C-REIT and TP of 36 cents citing lack of near-term catalysts
The REIT’s DPU of 1.05 cents for 1HFY2023, down 2.8% y-o-y, was in line with 49.5% of the brokerage's full-year forecast.
August 02, 2023
REITs
Elite Commercial REIT reports higher revenue for 3QFY22, but cuts DPU
The drop in DPU is due to factors like increased borrowings and interest costs, as well as an enlarged equity base.
November 04, 2022
Broker's Calls
UOB Kay Hian maintains 'buy' call for MPACT as merger coincides with easing Covid restrictions in Asia
UOB Kay Hian analyst Jonathan Koh has a target price of $2.22.
September 06, 2022
Broker's Calls
CGS-CIMB maintains 'buy' call on Lendlease REIT, but cuts target price and DPU forcasts
The acquisition of Jem has been "accretive" for the REIT's results, says CGS-CIMB.
August 11, 2022
Broker's Calls
MCT recovery underway as proposed merger could see the REIT grow significantly larger
The merged entity Mapletree Pan Asia Commercial Trust would become one of the largest REITs by market cap listed in Asia.
August 04, 2022
Results
Ascendas REIT reports slightly higher q-o-q portfolio occupancy of 91.7% in 3Q business update
AREIT reports higher occupancy for 3QFY2021 at 91.7%, compared to the 91.3% in 2QFY2021
October 19, 2021
Broker's Calls
Phillip Securities 'overweight' on REIT sector, but prefers commercial, industrial sub-sectors
Phillip Securities thinks the worst could be over except for hospitality, barring a second pandemic wave.
October 19, 2020