Meanwhile, revenue increased slightly by 1.7% to $53.5 million, due to higher rental income from Paragon and Clementi Mall.
SINGAPORE (Jan 9): DBS is maintaining its “hold” recommendation on SPH REIT with a target price of $1.07 following the REIT posting its 1Q18 results.
The REIT on Friday announced that its 1Q18 DPU held steady at 1.34 cents compared to the same period last year.
