Starhill Global REIT (SG REIT)

SINGAPORE (Oct 7): CGS-CIMB Research is keeping its “hold” recommendation on Starhill Global REIT (SG REIT) with a lower target price of 75 cents, down from 79 cents previously, on expectations of muted near-term growth due to the weak economy.

SINGAPORE (Jan 29): The manager of Starhill Global REIT (SG REIT) has announced a distribution per unit (DPU) of 1.13 cents for 2Q19, 3.4% lower than its DPU of 1.17 cents a year ago due to lower net property income (NPI), higher interest costs and higher

SINGAPORE (Dec 11): DBS Group Research is maintaining its “buy” on Starhill Global REIT (SG REIT) with an unchanged target price of 75 cents, which reflects more conservative discount rate assumptions due to a less-optimistic outlook of the trust’s

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.

SINGAPORE (Jan 2): Maybank Kim Eng is initiating coverage on Singapore’s retail REIT sector with a “negative” rating on the belief that rising rates, peak new supply in 2018 and fair valuations should restrain near-term price upside.

SINGAPORE (Feb 2): CIMB Research is reiterating its “hold” call on Starhill Global REIT while lowering its target price to 72 cents from 76 cents after the release of the REIT’s 2Q17 results, on expectations of ongoing redevelopment at Plaza Arcade