With expected total potential returns of 8.2% based on March 20 closing price of 64.5 cents, she has kept her fair value at 65.5 cents.
Ada Lim of OCBC Group Research has on March 23 upgraded her call for CapitaLand China Trust from "sell" to "hold", with an updated view that at current levels, this REIT should enjoy support from its FY2026 distribution yield of 7.6%.
Since her previous note on Feb 5 where she downgraded this counter, CLCT’s share price has corrected close to 18%, in part due to weaker sentiment for the entire S-REITs sector after the Iran war stoked inflation concerns and pushed back rate cut expectations.
