In his analyst note on Dec 1, Koh names US REITs, Keppel Pacific Oak US REIT, Prime US REIT (SGX:OXMU
) , Digital Core REIT, United Hampshire US REIT (SGX:ODBU) , as his top performers. The REITS have gained 38.6%, 32.3%, 21.8% and 15.1% respectively.
UOB Kay Hian’s analyst Jonathan Koh has maintained their “overweight” rating on Singapore REITS (S-REITs), noting that there are “healthy signs” that inflationary pressures have moderated.
Koh keeps his “buy” call with target prices of $1.41 for CDL Hospitality Trust (CDLHT), $2.42 for Frasers Centrepoint Trust (SGX:J69U) (FCT), 76 cents for Far East Hospitality Trust (SGX:Q5T) (FEHT), $1.06 for Keppel REIT, 80 cents for Lendlease Global Commercial REIT (SGX:JYEU) (LREIT) and $2.69 for Mapletree Industrial Trust (SGX:ME8U) (MINT).
