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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.
December 07, 2018
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-
November 29, 2018
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.
October 16, 2018
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.
July 26, 2018
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
June 21, 2018
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.
June 19, 2018
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.
May 07, 2018
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.
May 03, 2018
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.
April 25, 2018
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.
April 25, 2018