To DBS analysts Geraldine Wong and Derek Tan, Sasseur REIT’s FY2023 entrusted manager agreement (EMA) income and full-year distribution per unit (DPU) stood slightly below their estimates.
Analysts are fairly positive on Sasseur REIT after the REIT released its results for the 4QFY2023 and FY2023 ended Dec 31, 2023.
That said, while the analysts from DBS Group Research, PhillipCapital and UOB Kay Hian have all kept their “buy” calls, DBS and PhillipCapital have lowered their target prices while UOB Kay Hian has increased its target price.
