Jurong Point

Link announces 4.3% decline in full year DPU, but growth in revenue and NPI supported by Singapore assets  - THE EDGE SINGAPORE

Results

Link announces 4.3% decline in full-year DPU, but growth in revenue and NPI supported by Singapore assets

Link REIT's full year DPU for FY2023 ended March 31 fell by 4.3%, but revenue and NPI rose y-o-y supported by Singapore assets
How Link REIT’s Singapore acquisition works out for unitholders - THE EDGE SINGAPORE

REITs

How Link REIT’s Singapore acquisition works out for unitholders

Pro forma, Link REIT's Singapore transaction from asset acquisition and management contract adds HK$0.06 cents to DPU
S-REITs could balk at price of Mercatus malls but sponsors could be interested, UBS says - THE EDGE SINGAPORE

REITs

S-REITs could balk at price of Mercatus malls but sponsors could be interested, UBS says

As Mercatus reportedly puts up 4 malls for sale, UBS suggests interest from sponsors of the largest S-REITs

Broker's Calls

CapitaLand Mall Trust kept at 'buy' in the face of new retail supply

SINGAPORE (June 20): DBS is maintaining its “buy” call on CapitaLand Mall Trust (CMT) with a higher target price of $2.17 on attractive valuations.

Broker's Calls

Jurong Point sale bodes well for retail REITs

SINGAPORE (April 4): The potential $2.2 billion acquisition of Jurong Point mall is a sign that the market is receptive to paying a premium for assets with good quality and scalability, according to DBS Group Research.
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