Prime US REIT

The REIT owns a diversified portfolio of US office real estate across 9 cities.

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

REITs and business trusts are expected to remain promising investment options, say Maybank Kim Eng analysts

Take a look at these three stocks this week: Prime US REIT, Starhub, and Capitaland.

PhillipCapital analyst Tan Jie Hui has maintained her “buy” call with a higher target price of 94 US cents following the REIT’s 1H20 results.

Phillip Capital: "We believe that US office REITs are worth the investment in the long run."

Slow easing of lockdown measures will likely favour US office REITs.

Prime US REIT offers investors a unique exposure to a high-quality, geographically diversified portfolio of 12 prime and freehold office properties, strategically located in 10 primary markets in the US.

After a strong 4Q, Prime US REIT is eyeing a DPU and NAV per unit accretive acquisition in Sacramento.

“For Singapore, we are expecting a strong pipeline of listings from the REITs and service-based companies in 2020,” adds Tay. “We foresee that companies will be more discerning in weighing the pros and cons of an IPO vis-à-vis a private capital rai