Natarajan names several factors that have led to his “buy” call. He says that the REIT offers an attractive value proposition with strong sponsor backing and a healthy acquisition pipeline, presenting good medium-term growth potential.
Analysts from RHB Bank Singapore and DBS Group Research have maintained their “buy” calls on ESR-LOGOS REIT (SGX:J91U
) , following the REIT’s post-merger asset recalibration strategy which they believe will drive share price re-rating.
RHB analyst Vijay Natarajan has an unchanged target price of 38 cents, and DBS analysts Dale Lai and Derek Tan have an unchanged target price of 34 cents.
