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Suntec Real Estate Investment Trust (Suntec REIT)
REITs
Suntec REIT enters into $400 mil sustainability-linked loan facility
The loan was made to refinance part of the REIT’s outstanding borrowings and for general working capital purposes.
December 21, 2022
Broker's Calls
Analysts lower target prices on Suntec REIT as rising interest rates weigh on costs
The REIT’s 3QFY2022 results have left sentiments generally mixed, with mostly “buy” calls and a “sell” call.
November 01, 2022
Results
Suntec REIT reports DPU of 2.084 cents for 3QFY2022, down 6.6%
Suntec REIT’s record date is on Nov 4. Unitholders will receive their distributions on Nov 29.
October 26, 2022
Broker's Calls
UOB Kay Hian keeps 'hold' call on Suntec REIT with higher TP of $1.73 on the back of recovery in London properties
Suntec REIT had “opportunistically” acquired Nova Properties and Minster Building in London during the Covid-19: UOBKH
September 07, 2022
Results
Suntec REIT reports 15.8% increase in 1HFY2022 DPU of 4.810 cents
Unitholders will receive their DPUs on Aug 29.
July 27, 2022
Broker's Calls
Brokers' Digest: Singtel, SIA, Genting Singapore, Suntec REIT
See what the analysts have to say this week.
July 21, 2022
Broker's Calls
RHB lowers Suntec REIT’s TP, but still keeps 'buy' call as REIT is deemed 'oversold' on rate hikes
The REIT is trading at 0.7x P/BV – a stark contrast from the high premium paid in Singapore office transactions in the market
July 19, 2022
Broker's Calls
UBS downgrades Suntec REIT to 'sell' due to 'unattractive' risk-reward profile
UBS analyst Michael Lim has also lowered his target price on Suntec REIT to $1.52 from $1.70 previously.
June 23, 2022
Broker's Calls
Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS
The analysts estimate that the STI will be trading between support at 3,200 to 3,250 points with near-term resistance at 3,408.
May 06, 2022
Broker's Calls
CGS-CIMB downgrades Suntec REIT to 'hold'; other analysts mixed
CGS-CIMB and Citi have rated Suntec REIT at 'hold' or 'neutral', while Maybank and RHB have kept their 'buy' calls.
April 27, 2022