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Southgate Complex
REIT Watch
Suntec REIT raises $94.4 mil in Suntec City strata sales to lower gearing
Suntec REIT's manager prefers selling strata units and/or Australian assets to pare debt rather than equity fund raising
January 25, 2024
Results
Suntec REIT reports 16.2% y-o-y growth in DPU to 2.045 cents for 1QFY21
The higher DPU was driven mainly by contributions from office assets in Singapore and Australia.
April 23, 2021
Broker's Calls
Southgate offers Suntec REIT new hope
SINGAPORE (Aug 10): CIMB Research is upgrading its “reduce” call on Suntec REIT to “hold” with a higher target price of $1.68 on its latest acquisition.
August 10, 2016