Suntec Real Estate Investment Trust (Suntec REIT)

Results

Suntec REIT’s 3QFY2023 DPU down 14.0% y-o-y but up by 3.1% q-o-q

Unitholders will receive their DPUs on Nov 29.

Broker's Calls

Brokers’ Digest: Hong Leong Asia, Lendlease REIT, Suntec REIT, Frencken, Venture

See what the analysts have to say this week.

Broker's Calls

PhillipCapital initiates ‘buy’ on Suntec REIT, calling it ‘the discounted gem’

Analyst Liu Miaomiao has given Suntec REIT a target price of $1.47.
DBS downgrades Suntec REIT to 'hold'; analysts see 'mixed performance' from 1QFY2023 results - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades Suntec REIT to 'hold'; analysts see 'mixed performance' from 1QFY2023 results

There is a “sell” call from OCBC Investment Research and two “hold” calls from CGS-CIMB Research and DBS Group Research.

Results

Suntec REIT reports 27.4% lower DPU of 1.737 cents in 1QFY2023

Unitholders will receive their DPUs on May 30.
'A sigh of relief' as Suntec REIT closes FY2022, but outlook stays challenging: analysts - THE EDGE SINGAPORE

Broker's Calls

'A sigh of relief' as Suntec REIT closes FY2022, but outlook stays challenging: analysts

Despite a strong finish for FY2022, Suntec REIT faces a challenging outlook ahead, say analysts.

Results

Suntec REIT reports 9.7% drop in 2HFY2022 DPU of 4.074 cents

For the FY2022, Suntec REIT’s DPU stood at 8.884 cents, 2.5% higher than the previous year's DPU of 8.666 cents.
RHB downgrades Suntec REIT to 'neutral' with lower TP of $1.47 - THE EDGE SINGAPORE

Broker's Calls

RHB downgrades Suntec REIT to 'neutral' with lower TP of $1.47

Suntec REIT's office portfolio could be impacted by the slowdown in the technology sector, notes RHB analyst Vijay Natarajan.
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