Singapore REITs (S-REITs)

Broker's Calls

Already a safe harbour, CapitaLand Mall Trust is starting to emerge as a growth play: DBS

SINGAPORE (Dec 7): DBS Vickers Securities reiterates its “buy” call on CapitaLand Mall Trust (CMT) with an adjusted target price of $2.44, which now reflects a higher proportion of equity used to finance its acquisition of Westgate mall.

Broker's Calls

DPU growth ahead for CapitaLand Mall Trust, but sector fundamentals remain weak: Maybank KE

SINGAPORE (Nov 29): Maybank Kim Eng is maintaining “hold” on CapitaLand Mall Trust (CMT) with a higher price target of $2.20 compared to $2.15 previously, after raising distribution per unit (DPU) estimates by 1-7% to factor in the trust’s recently-

Broker's Calls

RHB overweight on SREITs despite interest rates worry

SINGAPORE (Oct 16): RHB is reiterating its “overweight” rating on Singapore REITs (SREITs), as it believes that selective SREITs still offer value for investors, despite lingering concerns over rising interest rates.

Results

Parkway Life REIT posts 3.7% drop in 2Q DPU to 3.19 cents on absence of one-off gains

SINGAPORE (July 26): The manager of Parkway Life REIT (PLife REIT) declared a 2Q18 DPU of 3.19 cents, bringing 1H18 DPU to 6.36 cents, 3.6% lower than 6.60 cents in 1H17.

In print this week

Déjà vu: S-REITs venturing overseas reminiscent of Australian REITs' experience

SINGAPORE (June 18): In a recent report, UBS reminds us that real estate investment trusts venturing abroad for growth is a story that has been told before. In the years before the global financial crisis (GFC), Australian REITs took that path. In roadsho

Broker's Calls

Starhill Global REIT's near-term DPU likely to remain muted: OCBC

SINGAPORE (June 19): OCBC Investment Research is reiterating its “hold” call on Starhill Global REIT (SG REIT) while cutting its lower fair value estimate to 65 cents from 77 cents previously.

Broker's Calls

LMIRT kept at 'reduce' as it suffers drag from higher costs and taxes

SINGAPORE (May 7): CGS-CIMB Securities is maintaining its “reduce” call on Lippo Malls Indonesia Retail Trust (LMIRT) with a target price of 33 cents.

Broker's Calls

Can SPH REIT do its magic on The Rail Mall?

SINGAPORE (May 3): DBS is maintaining its “buy” call on SPH REIT with a target price of $1.07.

Results

AA REIT's 4Q DPU drops 5.4% to 2.63 cents

SINGAPORE (Apr 25): The manager of AIMS AMP Capital Industrial REIT (AA REIT) has reported 4Q18 DPU of 2.63 cents, 5.4% lower than 2.78 cents recorded in 4Q17.

Results

Frasers Centrepoint Trust's 2Q DPU up 2% to 3.1 cents

SINGAPORE (Apr 25): The manager of Frasers Centrepoint Trust’s (FCT) has declared a 2Q18 DPU of 3.10 cents, 2% higher compared to 2Q17 DPU of 3.04 cents.
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