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ESR Real Estate Investment Trust (ESR-REIT)
Broker's Calls
Analysts recommend unit holders of ESR-REIT and ARA LOGOS Logistics Trust to vote in favour of proposed merger
According to the analysts, the merger did not come as a surprise.
October 19, 2021
Broker's Calls
'Buy' ESR-REIT to lock in yield before share price re-rates: Maybank Kim Eng
The analysts at Maybank Kim Eng view the REIT with conviction, with a target price estimate of 55 cents.
August 18, 2021
Broker's Calls
Analysts mostly positive on ESR-REIT with TP estimate of at least 42 cents
Most analysts kept "buy" on the REIT except Daiwa, which kept its "hold" call.
July 28, 2021
Results
ESR-REIT sees 13.9% higher DPU of 0.754 cents for 2Q21; 14.3% higher DPU of 1.554 cents for 1H21
Amount available for distribution to unitholders increased by 18.7% y-o-y to $56.8 million.
July 23, 2021
New appointments
ESR-REIT appoints TSMP joint managing partner Yuen Thio as independent chairperson of the manager
Yuen Thio, who was previously an independent non-executive director in the manager, will take over the position from July 1.
July 01, 2021
REITs
ESR-REIT secures over 63% committed occupancy for 19 Tai Seng Avenue property ahead of AEI completion
Its property at 19 Tai Seng Avenue has secured over 63% committed occupancy.
May 27, 2021
REITs
ESR-REIT completes 10% acquisition of ESR Australia Logistics Partnership for A$60.5 mil
Units in ESR-REIT closed flat at 40 cents on May 12.
May 14, 2021
REITs
ESR-REIT divests Serangoon and Toh Guan Road properties for $53 mil
The consideration represents a 7.1% premium to the properties' acquisition price.
April 28, 2021
Broker's Calls
Analysts mostly positive on ESR-REIT on 'improving prospects'
Units in ESR-REIT closed 1 cent higher or 2.8% up at 37 cents on Nov 4.
November 04, 2020
Results
ESR-REIT reports 20.2% y-o-y drop in 3Q DPU to 0.798 cents
Unitholders can expect to receive their distributions on Dec 30.
October 30, 2020