In a Jan 6 report, Koh is of the view that the sector’s recovery is “delayed but not disrupted”.
UOB Kay Hian analyst Jonathan Koh has maintained that investors should “overweight” their portfolios on S-REITs, with his top picks coming from the hospitality sector.
He has given “buy” ratings to Ascott Residence Trust, CDL Hospitality Trust, and Far East Hospitality Trust, with target prices of $1.29, $1.42 and 74 cents respectively.
