“Portfolio occupancy of 89.4% is expected to move to above 95% through lease-up of spaces in Japan. With a long WALE of 5.8 years, built-in rental escalations of 2.8% and occupancy uplift of 1.7%, the portfolio offers visible organic DPU growth of 4.8% for FY2027,” notes the analyst in his June 1 note.
Maybank Securities analyst Krishna Guha has initiated a “buy” call on UI Boustead REIT (SGX:UIBU
) as he sees the REIT having visible growth, coupled with stable yield.
UI Boustead REIT’s portfolio of 23 assets in both Singapore and Japan spans across 5.3 million sq ft of net leasable area (NLA) and is well diversified across sub-sectors such as logistics, business space, Hi-spec industrial and general industrial.
