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Revisions

Soilbuild Business Space put on ‘hold’ after hitting target but with no catalyst in sight

Broker's Calls

Soilbuild Business Space put on ‘hold’ after hitting target but with no catalyst in sight

PC Lee Published on Tue, Jul 18, 2017 / 12:09 PM GMT+8

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SINGAPORE (July 18): DBS Group Research has downgraded Soilbuild Business Space REIT to “hold” after the REIT reached its target price with no imminent catalyst in sight.

See: 72 Loyang Way property a ‘wild card’ for Soilbuild REIT

SBREIT offers one of the highest yields in the industrial space of over 7%, says DBS.

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