Currently, the group owns 13 properties/projects in the Netherlands, mainly in Amsterdam, as well as one hotel property in Germany.
SINGAPORE (July 31): DBS is maintaining its “buy” call on First Sponsor Group with a target price of $1.62.
In a Monday report, analyst Rachel Tan says, “First Sponsor is one of the rare property developers listed in Singapore that will benefit from higher demand fuelled by post-Brexit relocation to Netherlands.”
