For its 1HFY2025 ended June, ESR REIT reported a distribution per unit of 11.239 cents, which is in line with estimates.
DBS Group Research has kept its "buy" call on ESR REIT, with a view that earnings and net asset value can grow given how its portfolio repositioning and rejuvenation is underway.
In addition, analysts Dale Lai and Derak Tan have raised their target price for this counter from $3.10 to $3.20, to take into account recent acquisitions and divestments.
