CGS-CIMB Research

Property

CapitaLand, UOL, CDL and APAC Realty among analysts' top property picks

Analysts from CGS-CIMB and RHB have kept "overweight" on the Singapore property sector.
Grand Venture Technology's 1H21 net profit to grow more than 50%: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Grand Venture Technology's 1H21 net profit to grow more than 50%: CGS-CIMB

GVT is expected to benefit from the surge in semiconductor sales globally.
Analysts up LREIT's TP to at least 89 cents on acquisition of additional stake in Jem - THE EDGE SINGAPORE

Broker's Calls

Analysts up LREIT's TP to at least 89 cents on acquisition of additional stake in Jem

CGS-CIMB has estimated a higher TP of 89.1 cents on LREIT, while UOB Kay Hian has upped its estimates to $1.01.
Boustead Projects’ investment in Vietnam property fund is a step towards next leg of growth: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Boustead Projects’ investment in Vietnam property fund is a step towards next leg of growth: CGS-CIMB

CGS-CIMB says the acquisition provides more clarity on how Boustead Projects plans to utilise its significant cash holdings.
Potential acquisition on the cards for Lendlease Global Commercial REIT: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Potential acquisition on the cards for Lendlease Global Commercial REIT: CGS-CIMB

CGS-CIMB believes LREIT's recent issuance of $200 mil perpetual securities will be mainly used to fund acquisitions.
Analysts say outlook remains challenging for Valuetronics despite FY21 results beating expectations - THE EDGE SINGAPORE

Broker's Calls

Analysts say outlook remains challenging for Valuetronics despite FY21 results beating expectations

Analysts largely kept their 'hold' ratings but increased their target price for Valuetronics.
CGS-CIMB remains positive on Boustead Singapore for its geospatial division, attractive valuation - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB remains positive on Boustead Singapore for its geospatial division, attractive valuation

Shares in Boustead Singapore closed 5 cents higher or 4.3% up at $1.22 on May 31.
Continue to 'add' Mapletree North Asia Commercial Trust as it expands Japan footprint: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Continue to 'add' Mapletree North Asia Commercial Trust as it expands Japan footprint: CGS-CIMB

CGS-CIMB Research is positive on MNACT's recently-announced acquisition of an office building in Tokyo.
CGS-CIMB ups Boustead Projects' TP to $1.40 on attractive valuation and portfolio - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB ups Boustead Projects' TP to $1.40 on attractive valuation and portfolio

Re-rating catalysts on the counter include stronger order wins or further asset injection into the Boustead Industrial Fund.
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