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Brokers' Digest: KREIT, Seatrium, SIAEC, Sats, Riverstone, CEREIT, Food Empire, FLCT, CDG, MUST, Sheng Siong, Uni-Asia

The Edge Singapore
The Edge Singapore • 27 min read
Brokers' Digest: KREIT, Seatrium, SIAEC, Sats, Riverstone, CEREIT, Food Empire, FLCT, CDG, MUST, Sheng Siong, Uni-Asia
2 Blue Street, formerly Blue & William. Photo: KREIT
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Keppel REIT
Price targets:
Maybank Securities ‘buy’ $1
UOB Kay Hian ‘buy’ $1.26
Citi Research ‘neutral’ 90 cents

Relatively decent’ acquisition

Maybank Securities’ Krishna Guha and UOB Kay Hian’s Jonathan Koh have maintained their “buy” calls on Keppel REIT following the acquisition of a 50% stake in Sydney’s 255 George Street for A$363.8 million ($321 million). Guha has kept his target price of $1.00 while Koh has increased his target price by 2 cents to $1.26.

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