Lock Mun Yee

Starhill Global REIT priced in, malls see traffic again: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Impact of Covid-19 on Starhill Global REIT priced in, malls see traffic again: CGS-CIMB

Malls are seeing encouraging recovery, say CGS-CIMB analysts.
Acquisitions in Australia ‘transformational’ for ARA LOGOS Logistics Trust: analysts - THE EDGE SINGAPORE

Broker's Calls

Acquisitions in Australia ‘transformational’ for ARA LOGOS Logistics Trust: analysts

ALOG proposed a total acquisition outlay of $441.2 million.
Analysts upbeat on Ascendas REIT amid improved occupancy in 3Q - THE EDGE SINGAPORE

Broker's Calls

Analysts upbeat on Ascendas REIT amid improved occupancy in 3Q

CGS-CIMB Research has upgraded AREIT to an “add” rating from “hold” and raised its target price to $3.20 from $3.12, previously.
Most analysts positive on CMT; but not RHB - THE EDGE SINGAPORE

Broker's Calls

Most analysts positive on CMT; but not RHB

RHB has warned that CMT’s rents will remain under "pressure".
Analysts mixed on Keppel DC REIT despite 3Q DPU coming in 'within' and 'slightly above' expectations - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on Keppel DC REIT despite 3Q DPU coming in 'within' and 'slightly above' expectations

CGS-CIMB analysts have kept their "hold" rating, while OCBC's research team has recommended "buy" on the REIT with an increased TP
CGS-CIMB views CDLHT’s Novotel Brisbane divestment as a 'good move', maintains 'add' - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB views CDLHT’s Novotel Brisbane divestment as a 'good move', maintains 'add'

"The disposal came at an opportune time as the fixed rent lease will expire in Apr 2021," say the analysts.
Maintain 'add' on Elite Commercial REIT after it completes first milestone acquisition: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Maintain 'add' on Elite Commercial REIT after it completes first milestone acquisition: CGS-CIMB

CGS-CIMB have maintained their “add” call on Elite Commercial REIT after its acquisition of 58 additional commercial properties.
Analysts see Suntec REIT's London acquisition as positive, though higher gearing could drag near-term share price performance - THE EDGE SINGAPORE

Broker's Calls

Analysts see Suntec REIT's London acquisition as positive, though higher gearing could drag near-term share price performance

Analysts from CGS-CIMB, DBS, OCBC and UOB Kay Hian have given "buy" calls on the counter.
Analysts mixed on SPH REIT's positive rental reversions amid impacted tenant sales from Covid-19 - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on SPH REIT's positive rental reversions amid impacted tenant sales from Covid-19

The REIT's FY2020 DPU of 2.72 cents fell short of both brokerage's forecasts for the full year ended August.
Analysts in favour of Mapletree North Asia Commercial Trust's Seoul acquisition - THE EDGE SINGAPORE

Broker's Calls

Analysts in favour of Mapletree North Asia Commercial Trust's Seoul acquisition

Units in MNACT closed flat at 92.5 cents on September 29.
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