ESR LOGOS Trust (E-LOG)

Results

ESR-LOGOS REIT reports gross revenue of $97.7 mil in 1QFY2023, up 63.9% y-o-y

E-LOG's NAV per unit stood at 34.8 cents during the quarter.

Broker's Calls

Maybank Securities cuts ESR-LOGOS REIT TP after $300 mil equity fundraising

Maybank has also lowered its DPU forecast for FY2023 by 11% to 2.7 cents due to the enlarged unitholder base.
E-LOG REIT to divest 70 Seletar Aerospace View for $7.1 mil - THE EDGE SINGAPORE

REITs

E-LOG REIT to divest 70 Seletar Aerospace View for $7.1 mil

The divestment is expected to be completed in the 2QFY2023 and is subject to JTC Corporation’s approval.

Bonds and treasuries

Emerging from a spooky October; bond vigilantes back to bite

There's further scope for corporate credit yields to rise.
ESR-LOGOS REIT continues long-term partnership with AMS-OSRAM after lease renewal of 7000 Ang Mo Kio Avenue 5 - THE EDGE SINGAPORE

Property

ESR-LOGOS REIT continues long-term partnership with AMS-OSRAM after lease renewal of 7000 Ang Mo Kio Avenue 5

With that, AMS-OSRAM will remain as one of the top ten tenants by effective gross rent in ELOG’s portfolio.
Analysts positive on ESR-LOGOS REIT amid recent acquisition of its first Japan asset - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on ESR-LOGOS REIT amid recent acquisition of its first Japan asset

The REIT announced a purchase consideration of the centre of approximately $183.5 million, inclusive of rental support, on Aug 29.
ELOG currently trading at 'attractive' FY2022 dividend yield of 7.15%: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

E-LOG currently trading at 'attractive' FY2022 dividend yield of 7.15%: CGS-CIMB

CGS-CIMB has kept "add" on the REIT with a target price of 51 cents.
Rise of ‘New Economy’ ESR-LOGOS REIT depends on ALOG’s unitholders - THE EDGE SINGAPORE

REITs

Rise of ‘New Economy’ ESR-LOGOS REIT depends on ALOG’s unitholders

A merger of ESR-REIT and ALOG to create a preeminent new economy REIT depends on ALOG's retail investors voting in an EGM
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