Occupancy Rates

Broker's Calls

This developer's outlook remains bright despite 1Q earnings decline: Phillip

SINGAPORE (May 7): Phillip Capital is maintaining its “buy” call on developer Chip Eng Seng (CES) Corporation with an unchanged target price of $1.21, which translates to a P/NAV ratio of 0.95 times at the counter’s closing price of 93 cents last Fr

Broker's Calls

Fresh-faced Viva Industrial Trust could see even brighter prospects this year

SINGAPORE (July 18): RHB Research continues to rate Viva Industrial Trust (VIT) at “buy” with a 97-cent target price following the trust’s completion of its asset enhancement initiative (AEI) at Viva Business Park (VBP).

Results

Centurion posts 15% growth in 1Q earnings to $10.7 mil on higher revenue

SINGAPORE (May 9): Centurion Corporation reported earnings of $10.7 million for the 1Q ended March, 15% up from the $9.4 million of earnings posted a year ago on higher revenue.

Broker's Calls

Frasers Centrepoint Trust to strengthen foothold after reclaiming its rule in the North

SINGAPORE (April 26): DBS Vickers Securities continues to rate Frasers Centrepoint Trust (FCT) at “buy” with an unchanged target price of $2.20, commending the retail REIT’s stable 2Q DPU of 3.04 cents despite the lack of contributions over the quar

Results

Ascendas REIT’s 2Q DPU falls 3.1% 4.03 cents on one-off distribution a year earlier

SINGAPORE (Oct 20): The manager of Ascendas REIT has reported a 3.1% decrease in 2Q17 DPU to 4.03 cents, reported its manager. This was due to a one-off distribution of $6.5 million or 0.271 cents per unit made in 2Q16.
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