Singapore REITs (S-REITs)

DBS and OCBC’s private banking units could win market share in industry after UBS takeover: RHB - THE EDGE SINGAPORE

Broker's Calls

DBS and OCBC’s private banking units could win market share in industry after UBS takeover: RHB

In FY2023, the brokerage is remaining positive on Singapore equities, believing that they will close the year on a higher note.

Broker's Calls

RHB downgrades S-REITs to ‘neutral’ as rate volatility takes hold; DBS says ‘be watchful’ of office sector

Maybank keeps its ‘neutral’ call and top picks following the US bank failures.

Silicon Valley Bank fallout

SVB mess can lift Singapore landlords' blues

Lower funding costs mean more of the rental income can go to REIT shareholders, making the securities more attractive.
Budget 2023 offers near-term help but maintains fiscal discipline and active wealth distribution - THE EDGE SINGAPORE

Budget 2023

Budget 2023 offers near-term help but maintains fiscal discipline and active wealth distribution

Analysts see a slight impact on property stocks, while household assistance could bring cheer to consumer and transport counters.

Broker's Calls

S-REITs get off to a strong start in 2023, expected to continue 'hopping' higher

S-REITs are kicking off the year strong and expected to continue 'hopping' higher for the rest of the year.

Broker's Calls

Time to increase exposure to 'attractive' S-REITs: DBS

With the possible end to the US rate hikes in the 1Q2023, now may be a good time to accumulate S-REITs, say the analysts at DBS.
CLSA upgrades CLAR and Keppel DC REIT, issues downgrades on seven other S-REITs - THE EDGE SINGAPORE

Broker's Calls

CLSA upgrades CLAR and Keppel DC REIT, issues downgrades on seven other S-REITs

The recommendation changes come after factoring-in a higher risk free rate and borrowing costs, says CLSA.

Broker's Calls

DBS cuts overall DPU estimates and target prices for S-REITs on slower growth momentum

The DBS analysts have lowered their DPU estimates on the S-REIT sector by 7% and TPs by 11% based on their revised estimates.

Broker's Calls

FY2023 DPUs for S-REITs could see up to 9.0% downside amid interest rate hikes: DBS

With most of the risks already priced in, the team sees buying opportunities within the S-REIT sector at its current levels.

Broker's Calls

S-REITs now at 'attractive levels' with bargains emerging following recent panic selling: UOB Kay Hian

Some of UOB Kay Hian's top picks include CLAS, FCT and LREIT.
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