Welcome!
REIT
Broker's Calls
How worried should Mapletree Commercial Trust be about rising interest rates?
SINGAPORE (Apr 25): CIMB and DBS are reiterating their “add” and “buy” calls on Mapletree Commercial Trust (MCT) with target prices of $1.75 and $1.80, respectively, post the release of the REIT’s 4Q18 results on Tuesday.
April 25, 2018
Broker's Calls
Dasin Retail Trust remains attractive despite expected DPU tapering: Phillip Capital
SINGAPORE (Mar 5): Phillip Capital is maintaining its “buy” call on Dasin Retail Trust with a 98 cent price target after FY17 revenue and net property income (NPI) came in line with its forecasts.
March 05, 2018
REITs that are unlikely to ask you for money this year
SINGAPORE (Jan 8): When a few real estate investment trusts raised equity through rights issues in 2017, some unitholders were unhappy. Among them were unitholders of Manulife US REIT. This year, though, with a distribution per unit (DPU) uplift from a co
January 15, 2018
Moody's downgrades outlook on Frasers Commercial Trust to 'negative' with Baa2 rating
SINGAPORE (Sept 26): Moody’s Investor Service has downgraded its outlook on all of its ratings for Frasers Commercial Trust (FCOT) to “negative” from “stable”.
September 26, 2017
Results
Dasin Retail Trust posts 1H DPU of 3.01 cents, 5% above forecast
SINGAPORE (Aug 11): The trustee-manager of Dasin Retail Trust (DRT) has declared a distribution per unit (DPU) of 3.01 cents for the six months ended June with distribution waiver, 5% above its forecast 2.88 cents for the period.
August 11, 2017
Broker's Calls
CDL Hospitality best proxy to ride likely rebound in hotel RevPAR
SINGAPORE (July 31): CDL Hospitality Trusts (CDLHT) is RHB’s preferred hospitality REIT pick given that it remains one of the best proxies to ride the expected rebound in Singapore hotel RevPARs.
July 31, 2017
Broker's Calls
Ascendas India Trust cut to ‘hold’ on weaker-than-expected 1Q18 results
SINGAPORE (July 25): DBS has downgraded Ascendas India Trust (a-iTrust) to “hold” from “buy” with a lower target price of $1.15.
July 25, 2017
Results
Frasers Centrepoint Trust 3Q DPU falls 1.3% to 3 cents on impact of Northpoint AEI
SINGAPORE (July 24): The manager of Frasers Centrepoint Trust (FCT) has declared a distribution per unit (DPU) of 3 cents for the third quarter ended June, 1.3% down from the 3.04 cents DPU reported in the same period a year ago on lower revenue.
July 24, 2017
Broker's Calls
Schenker dispute remains key overhang for Cache Logistics Trust
SINGAPORE (July 24): RHB, Religare and OCBC have issued reports with differing views on Cache Logistics Trust after its manager last Friday reported a 9.5% fall in 2Q distribution per unit (DPU) to 1.8 cent, which is in line with all three research houses
July 24, 2017
Singapore REIT sector kept at ‘overweight’ with business parks first to recover
SINGAPORE (June 23): CIMB is maintaining its “overweight” call on Singapore’s REIT sector, supported by a flattening yield curve and abating supply pressures in 2018.
June 23, 2017