Natarajan sees some positive developments.
Vijay Natarajan of RHB Bank Singapore has kept his "buy" call and 66 cents target price on Starhill Global REIT, given its "steady" operational performance, due to a well-balanced mix of master or actively managed leases.
"The REIT manager exercises prudence in terms of acquisition with minimal equity fund-raising since listing," says the analyst in his June 17 note.
