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Can SPH REIT do its magic on The Rail Mall?

Samantha Chiew
Samantha Chiew • 2 min read
Can SPH REIT do its magic on The Rail Mall?
SINGAPORE (May 3): DBS is maintaining its “buy” call on SPH REIT with a target price of $1.07.
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SINGAPORE (May 3): DBS is maintaining its “buy” call on SPH REIT with a target price of $1.07.

On Apr 30, SPH REIT announced that it will be acquiring The Rail Mall from Pulau Properties for a consideration of $63.2 million.

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SPH REIT
The Rail Mall
mergers and acquisitions (M&A)
Broker's calls
Broker's calls
DBS
Singapore REITs (S-REITs)
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