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Starhill Global still shines among Singapore’s retail & office REITs: UOB

Broker's Calls

Starhill Global still shines among Singapore’s retail & office REITs: UOB

Michelle Zhu Published on Thu, Jun 23, 2016 / 12:32 PM GMT+8

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SINGAPORE (June 23): UOB Kay Hian is maintaining its “buy” call on Starhill Global REIT (SGREIT) with a higher target price of 92 cents from its previous price target of 91 cents.

To recap, UOB Kay Hian has singled out SGREIT as the sole candidate that “is likely to display more resilience” within the retail sector’s challenging climate.

The research house has also identified this particular REIT as a “potential beneficiary of international tourist pick-up”, as its Orchard properties Wisma Atria and Ngee Ann City make up 66.5% of its overall portfolio value.

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Starhill Global still shines among Singapore’s retail & office REITs: UOB

Broker's Calls

Starhill Global still shines among Singapore’s retail & office REITs: UOB

Primary tabs

Error message

Starhill Global still shines among Singapore’s retail & office REITs: UOB

Broker's Calls

Starhill Global still shines among Singapore’s retail & office REITs: UOB

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