Religare

Broker's Calls

Australian portfolio to sustain Starhill Global REIT’s growth ahead

SINGAPORE (July 31): Religare continues to rate Starhill Global REIT “buy” at a target price of 88 cents, in view of a stable outlook coupled with what the research house deems an attractive FY18 yield of 6.8%.

Broker's Calls

Schenker dispute remains key overhang for Cache Logistics Trust

SINGAPORE (July 24): RHB, Religare and OCBC have issued reports with differing views on Cache Logistics Trust after its manager last Friday reported a 9.5% fall in 2Q distribution per unit (DPU) to 1.8 cent, which is in line with all three research houses

Broker's Calls

Singapore office REITs to see pressure in vacancies

SINGAPORE (July 21): Religare is staying positive on Singapore office REITs as the sector has posted an average YTD return of 16.9%.

Broker's Calls

Property divestments bode well for CapitaLand Commercial Trust’s M&A prospects

SINGAPORE (July 4): UOB Kay Hian is reiterating its “buy” call on CapitaLand Commercial Trust (CCT) following news of its divestment of Wilkie Edge to construction and property development firm, Lian Beng Group, for a consideration price of $280 milli

Broker's Calls

EC World REIT posts solid 1Q performance with more room to grow

SINGAPORE (May 16): Religare is maintaining its “buy” call on EC World REIT with an unchanged target price of 92 cents given it has a solid portfolio that offers room to grow both organically and inorganically.

Broker's Calls

No news on differential premium for carpark redevelopment means no re-rating for CapitaLand Commercial Trust

SINGAPORE (April 19): OCBC Investment Research and Religare Capital Markets are maintaining their “hold” calls on CapitaLand Commercial Trust (CCT) at a fair value estimate of $1.53 and $1.50 target price respectively, after the trust’s manager post

Here's why STI investments could see better returns than Singapore’s property market

SINGAPORE (April 4): Taking your chances on Singapore’s Straits Times Index (STI) could be a wiser investment decision than putting your capital in the local property market, says Tata Goeyardi of Religare Capital Markets.

Broker's Calls

CapitaLand on the rise with Japan acquisitions

SINGAPORE (Feb 20): CIMB Securities is reiterating its “add” recommendation on CapitaLand with an unchanged price target of $4.19, after the property developer’s recent announcement of some $620.1 million worth of acquisitions in Japan.

Broker's Calls

Keppel REIT still ‘fundamentally sound’ despite big DPU drop

SINGAPORE (Jan 25): Keppel REIT may have recorded an 11.9% drop in distributions per unit for 4QFY16, but analysts say the stock remains fundamentally sound.

CLSA Capital Partners’ acquisition of 77 Robinson Road ‘reasonable’, says Religare

SINGAPORE (Nov 22): CLSA Capital Partners has acquired 77 Robinson Road for $530.8 million, or $1,810 psf for the net lettable area of an approximate 293,000 sq ft, from SEB ImmoInvest fund.
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