In the period, Suntec REIT reported a 4.3% y-o-y rise in distributable income to $45.9 million, translating to a dividend per unit (DPU) of 1.563 cents.
Suntec REIT's 1QFY2025 ended Mar 31 results have garnered lukewarm reactions from the analysts at CGS International (CGSI) and OCBC Investment Research (OIR).
CGSI's Lock Mun Yee and Li Jialin have kept their "hold" call while lowering their target price (TP) to $1.26 from $1.33 previously, in view of a limited near-term upside and reduced earnings projections.
