Keppel REIT (KREIT)

Broker's Calls

S-REIT DPUs expected to grow 12% y-o-y in FY2022; office REITs preferred: Maybank Securities

Maybank has also upgraded Suntec REIT to “buy” with a TP of $1.80 based on its leverage to Singapore’s reopening.

Broker's Calls

Analysts largely positive on Keppel REIT on likely recovery of office sector

DBS, Maybank and RHB have given the REIT target prices of $1.40, $1.05 and $1.29 respectively.

Broker's Calls

Investors 'yet to appreciate' Keppel REIT, Singapore's only pure-office REIT: DBS

KREIT is the only pure-office REIT, “a valuable trait that we believe investors have yet to appreciate".
Broker's digest: MNACT, KREIT, Centurion Corp, Singtel, ThaiBev - THE EDGE SINGAPORE

Broker's Calls

Broker's digest: MNACT, KREIT, Centurion Corp, Singtel, ThaiBev

See the analysts' recommendations and target prices here.

Broker's Calls

Analysts fond of Keppel REIT's Sydney office acquisition, UOBKH ups TP by 27 cents

UOB Kay Hian analyst Jonathan Koh has raised KREIT’s target price to $1.52 from $1.25.

REITs

Keppel REIT acquires freehold Grade A office currently under development in North Sydney for $322.2 mil

A three-year rental guarantee will be provided by the developer on any unlet space after the practical completion.
SPH shareholders should accept Cuscaden's current offer: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

SPH shareholders should accept Cuscaden's current offer: analysts

UOB Kay Hian has recommended shareholders to accept the highest offer available.
Keppel REIT reports 20.8% higher distributable income of $159.9 mil for 9MFY21 - THE EDGE SINGAPORE

Results

Keppel REIT reports 20.8% higher distributable income of $159.9 mil for 9MFY21

NPI attributable to unitholders increased by 42.6% y-o-y to $116.8 million.

Broker's Calls

RHB upgrades Keppel REIT to 'buy' on being a beneficiary of economic reopening and sustainability wave

RHB Group Research also remains upbeat on the REIT's long-term fundamentals.
CEO of Keppel REIT's manager to step down; current deputy CEO to stand in during interim - THE EDGE SINGAPORE

Company in the news

CEO of Keppel REIT's manager to step down; current deputy CEO to stand in during interim

Units in Keppel REIT closed 1 cent lower or 0.92% down at $1.08 on Aug 27.
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