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DBS Group Research
Broker's Calls
After falling 17% year-to-date, DFI sell-off 'overdone', inflection point to come in FY2023: DBS
Year-to-date, DFI’s share price has declined by 17% while the Straits Times Index (STI) remained flattish.
November 11, 2022
Broker's Calls
Higher staff costs, loss of investor trust plague Econ Healthcare: DBS
“There is lack of information on remedial solutions on Econ’s investment mandate, which could cloud investors' perception.”
November 11, 2022
Broker's Calls
‘Unique opportunity’ to accumulate EC World REIT as divestments take place: DBS
The analysts see the divestments proposed by EC World REIT as a ‘positive’, although it may reduce DPU and NAV for the REIT.
November 10, 2022
Broker's Calls
Analysts maintain “buy” on Prime US REIT, but cut target prices
The analysts believe that the REIT is oversold, having lost almost 50% of its share price since the start of the year.
November 10, 2022
Broker's Calls
DBS cuts ARAHT target price despite 80% higher net property income in 3QFY2022
Despite margin pressure, DBS Group Research forecasts an “attractive” 14% yield in FY2023 from ARA US Hospitality Trust (ARAHT).
November 10, 2022
REITs
Manulife US REIT begins 'hotelisation', considers diversifying into other asset classes
“We’re taking a look at all of our options. If we continue doing the same things, we’re going to get the same results.”
November 10, 2022
Broker's Calls
LREIT a 'hidden gem' with potential to emerge as strong contender within the retail S-REIT space: DBS
The analysts see further room for expansion in reversionary rents and expect passing rents to further recover in the coming FY.
November 10, 2022
Broker's Calls
'Nimble and resilient' CapitaLand Investment restarting China activities: analysts
Lower target prices for CapitaLand Investment’s listed REITs weigh heavy on its own target price.
November 09, 2022
Broker's Calls
The Hour Glass kept at 'hold' due to uncertain outlook, recessionary fears
The near-term may be uncertain for The Hour Glass, but DBS is confident on the group's long-term prospects.
November 07, 2022
Broker's Calls
Most S-REITs should be able to keep within a 45% gearing ratio level: DBS
Top performers for October include CapitaLand India Trust, Keppel Data Centre REIT and Sasseur REIT.
November 07, 2022