REIT

SINGAPORE (May 16): DBS Vickers is upgrading its call on Far East Hospitality Trust (FEHT) to “buy” from “hold”, raising its target price on the stock to 66 cents from 63 cents previously on expectations of a market recovery from 2018 onward.

SINGAPORE (April 26): DBS Vickers Securities continues to rate Frasers Centrepoint Trust (FCT) at “buy” with an unchanged target price of $2.20, commending the retail REIT’s stable 2Q DPU of 3.04 cents despite the lack of contributions over the quar

SINGAPORE (March 10): Saizen REIT looks set to be liquidated after its manager announced that the proposed reverse takeover transaction for industrial properties in Australia under Sime Darby Property Singapore has been terminated.

SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise $442.7 million for the purchase of three properties in Germany and Singapore will be dilutive to both yield and net asset value (NAV) of the REIT, according to a note by Religare Cap

SINGAPORE (March 3): Alvin Cheng, deputy CEO of EC World REIT’s manager, thinks the trust is not garnering the market valuations it deserves as it is being compared to other traditional REITs.

SINGAPORE (Feb 14): Croesus Retail Trust (CRT) has announced a distribution per unit (DPU) of 1.81 cents for 2Q17 ended Dec 31.

SINGAPORE (Dec 2): DBS is optimistic on CapitaLand Retail China Trust (CRCT) upgrading it to a “buy” call with a target price of $1.60, citing the REIT’s preparations for the future.

SINGAPORE (Nov 24): CIMB is maintaining its “add” call on Mapletree Industrial Trust (MINT) with a target price of $1.68, seeing its built-to-suit for Hewlett-Packard is almost completed.

SINGAPORE (Nov 11): DBS is maintaining a “buy” call on Ascendas Hospitality Trust (AH-Trust) with a target price of 84 cents.

SINGAPORE (Nov 3): The recent buzz around logistics property companies has brought EC World REIT to NRA Capital’s attention. The REIT mainly invests in e-commerce, supply chain management and logistics properties in China.