Melbourne

Broker's Calls

Frasers Logistics and Industrial Trust continues to grow Down Under

SINGAPORE (Sept 9): UOB Kay Hian is maintaining its “buy” call on Frasers Logistics and Industrial Trust (FLT) as it offers the best growth potential plus a high 6.8% yield.

Frasers Logistics & Industrial Trust acquires 2 call option properties for $71 mil

SINGAPORE (Sept 1): Frasers Logistics & Industrial Trust (FLT) is acquiring two call option properties in Melbourne and Brisbane for a total consideration of A$69.2 million ($71.2 million).

Ascendas Hospitality Trust denies plans to divest Melbourne hotels

SINGAPORE (Aug 15): Ascendas Hospitality Trust has issued a clarification denying it is currently contemplating the divestment of its Pullman and Mercure hotels at Albert Park, Melbourne.

Broker's Calls

Southgate offers Suntec REIT new hope

SINGAPORE (Aug 10): CIMB Research is upgrading its “reduce” call on Suntec REIT to “hold” with a higher target price of $1.68 on its latest acquisition.

Broker's Calls

Why UOB is starting FLT at ‘buy’

SINGAPORE (Aug 3): UOB Kay Hian has initiated coverage for Frasers Logistics and Industrial Trust with a “buy” rating and a target price of $1.08.
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