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CGS-CIMB and DBS stay upbeat on ESR-LOGOS REIT

The Edge Singapore
The Edge Singapore • 2 min read
CGS-CIMB and DBS stay upbeat on ESR-LOGOS REIT
DBS Group Research and CGS-CIMB Research analysts have maintained their positive view on ESR-LOGOS REIT (E-LOG), following its 1QFY2023. Photo: E-LOG REIT
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DBS Group Research and CGS-CIMB Research analysts have maintained their positive view on ESR-LOGOS REIT (E-LOG) , following its 1QFY2023.

For the quarter ended March, E-LOG reported gross revenue of $97.7 million, up 63.9% y-o-y and net property income was up 78.2% y-o-y to $70.4 million.

In Singapore, E-LOG was able to renew leases at 7.3% higher over the preceding 4QFY2022.

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