Welcome!
Paragon
Broker's Calls
SPH REIT is off to a steady start
SINGAPORE (Jan 13): CIMB Securities is reiterating its “hold” call on SPH REIT with an unchanged target price of 95 cents.
January 13, 2017
Broker's Calls
One shopping mall REIT that offers stability
SINGAPORE (Jan 12): SPH REIT has reported a healthy set of results for 1QFY17, with group revenue of $52.6 million achieving 24.3% of OCBC Investment Research’s full-year estimates.
January 12, 2017
Results
SPH REIT 1Q DPU up 0.8% to 1.34 cents
SINGAPORE (Jan 11): SPH REIT posted a 0.8% increase in distribution per unit (DPU) to 1.34 cents in 1Q17 on the back of positive rental reversions from both of its mall properties.
January 11, 2017
Broker's Calls
What could nudge SPH REIT’s unit price higher?
SINGAPORE (Oct 10): CIMB has raised its target price on SPH REIT to $1.05 from $1.03 previously, while maintaining its “hold” rating based on limited upside.
October 10, 2016
Broker's Calls
What could possibly ‘hold’ back this paragon of retail REITs?
SINGAPORE (Oct 7): DBS Vickers Securities is keeping its “hold” call on SPH REIT at a slightly higher price target of $1 from 99 cents previously as the research house believes the stock is fairly priced, despite a more bullish view on rents at select
October 07, 2016
Results
Higher rental income lifts SPH REIT’s FY16 to 5.5 cents
SINGAPORE (Oct 6): SPH REIT saw a 0.5% lift in FY16 distribution per unit to 5.50 cents from a year ago, driven by higher rental income from Paragon and The Clementi Mall.
October 06, 2016
SPH REIT kicks off earnings season with steady 3Q results
SINGAPORE (July 8): All four analysts of Religare are maintaining their “hold” ratings on SPH Real Estate Investment Trust (SPH REIT) with an average target price of $1.01 per unit, despite noting that the REIT delivered another steady quarter in 3Q
July 08, 2016
SPH REIT 3Q DPU up 0.7% to 1.36 cents
SINGAPORE (July 7): SPH REIT reports DPU in 3Q16 increased 0.7% to 1.36 cents on the back of higher rental income achieved from Paragon.
July 07, 2016