Paragon

Broker's Calls

Acquisition of Seletar Mall could spur steady SPH REIT

SINGAPORE (Oct 10): SPH REIT put in another resilient performance in the fourth quarter despite a muted retail environment. But analysts say the REIT could get an earnings boost from a possible acquisition.

Broker's Calls

SPH REIT is off to a steady start

SINGAPORE (Jan 13): CIMB Securities is reiterating its “hold” call on SPH REIT with an unchanged target price of 95 cents.

Broker's Calls

One shopping mall REIT that offers stability

SINGAPORE (Jan 12): SPH REIT has reported a healthy set of results for 1QFY17, with group revenue of $52.6 million achieving 24.3% of OCBC Investment Research’s full-year estimates.
SPH REIT The Clementi Mall

Results

SPH REIT 1Q DPU up 0.8% to 1.34 cents

SINGAPORE (Jan 11): SPH REIT posted a 0.8% increase in distribution per unit (DPU) to 1.34 cents in 1Q17 on the back of positive rental reversions from both of its mall properties.

Broker's Calls

What could nudge SPH REIT’s unit price higher?

SINGAPORE (Oct 10): CIMB has raised its target price on SPH REIT to $1.05 from $1.03 previously, while maintaining its “hold” rating based on limited upside.

Broker's Calls

What could possibly ‘hold’ back this paragon of retail REITs?

SINGAPORE (Oct 7): DBS Vickers Securities is keeping its “hold” call on SPH REIT at a slightly higher price target of $1 from 99 cents previously as the research house believes the stock is fairly priced, despite a more bullish view on rents at select

Results

Higher rental income lifts SPH REIT’s FY16 to 5.5 cents

SINGAPORE (Oct 6): SPH REIT saw a 0.5% lift in FY16 distribution per unit to 5.50 cents from a year ago, driven by higher rental income from Paragon and The Clementi Mall.
SPH REIT logo

SPH REIT kicks off earnings season with steady 3Q results

SINGAPORE (July 8): All four analysts of Religare are maintaining their “hold” ratings on SPH Real Estate Investment Trust (SPH REIT) with an average target price of  $1.01 per unit, despite noting that the REIT delivered another steady quarter in 3Q

SPH REIT 3Q DPU up 0.7% to 1.36 cents

SINGAPORE (July 7): SPH REIT reports DPU in 3Q16 increased 0.7% to 1.36 cents on the back of higher rental income achieved from Paragon.
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