Starhill Global REIT

The REIT is positive on its prospects in Singapore, Malaysia and Australia.

Revenue for 1HFY21/22 rose by 2.9% over the previous corresponding period to $9 million, while NPI grew by 7.2% to $69.6 million.

Gross revenue also grew, mainly due to lower rental assistance to tenants of the portfolio and lower expenses.

Despite a blurry outlook, analysts are still recommending to 'buy' this REIT.

See the analysts' recommendations and target prices here.

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SINGAPORE (Oct 31): Market watchers say Starhill Global Real Estate Investment Trust (SGREIT) lacks growth visibility, despite turning in a set of 1Q19/20 results that were in line with consensus expectations.

SINGAPORE (Sept 10): Isetan Singapore confirmed that it has received an expression of interest (EOI) from the manager of Starhill Global REIT to acquire the company’s stake in Wisma Atria.