Dasin Retail Trust (DRT)

The team has, however, lowered its target price to 90 cents from 91 cents, as well as its DPU estimates for FY2020/2021e.

In September, the FTSE S-REIT Index gained 1.8% m-o-m, with the strongest gains observed from the hospitality subsector.

On August 13, Dasin Retail Trust declared 1H20 distribution per unit (DPU) of 1.92 cents, 43.4% lower than the 3.39 cents posted in 1H19.

How has Dasin Retail Trust’s portfolio evolved since IPO till date?

The new units will be listed and quoted on the mainboard of the Singapore Exchange (SGX) at 9 a.m. today.

Phillip Capital is maintaining its “buy” or “accumulate” call on Dasin Retail Trust with a 91 cent price target after 1Q20 revenue and net property income (NPI) came in below its forecasts.

SINGAPORE (July 1): The trustee-manager of Dasin Retail Trust (DRT) is acquiring Documen Metro Mall in China for $274.8 million.

(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audience a few questions. It was to gauge the public’s reception to various

SINGAPORE (May 28): Phillip Securities is keeping Dasin Retail Trust at “buy” given DPU would take a slight hit when income support is cut in FY2021 and with all four malls operating at 100% occupancy.

SINGAPORE (Feb 27): The trustee-manager of Dasin Retail Trust (DRT) has posted distribution per unit (DPU) of 1.96 cents for the 4Q ended December, some 2% lower than forecast 4Q DPU of 1.99 cents.