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S-REITs
REITs
Singapore REITs will be resilient in 2023 amid payouts, DBS says
REITs “offer resiliency given their attractive and growing distribution yields” as investors are turning defensive: DBS.
December 16, 2022
Singapore economy
Singapore corporate earnings peaked in 2022, difficult to beat next year: CGS-CIMB
Singapore’s projected CY2022 aggregate net profit growth of 30% compared to pre-Covid levels will be a “tall order" to beat.
December 12, 2022
Broker's Calls
DBS maintains 'buy' on Digital Core REIT on further DPU accretion
DBS analysts say the REIT’s upsized debt-funded acquisition or share buyback will generate further DPU accretion.
November 23, 2022
Broker's Calls
Most S-REITs should be able to keep within a 45% gearing ratio level: DBS
Top performers for October include CapitaLand India Trust, Keppel Data Centre REIT and Sasseur REIT.
November 07, 2022
Broker's Calls
Most S-REITs to see slower DPU in 2023; Credit Suisse prefers MPACT, CICT and ART
The analysts’ least preferred S-REITs are MLT and MINT, given a more challenging near-term DPU growth.
October 25, 2022
Right Timing
Risk-free rates dictate how low S-REITs go
As risk-free rates, S-REIT prices continue to come under pressure. They will rebound when risk-free rates stop rising
October 20, 2022
Broker's Calls
DBS and Maybank maintain 'buy' calls for ESR-LOGOS REIT with unchanged TPs
DBS and Maybank analysts have kept their target prices unchanged at 50 cents and 55 cents respectively.
October 14, 2022
REITs
Interest rates, currency volatility pummel S-REITs
Rising risk-free rates pummel S-REITs' unit prices as yields expand to maintain yield spread.
September 27, 2022
Broker's Calls
Banks as ‘only clear sector beneficiary’ while property and REITs to suffer amid Fed rate hikes: CLSA
The analysts’ top picks are DBS, UOB, Singtel, CICT, CDL, Sembcorp Industries, Yangzijiang Shipbuilding, MINT, MLT and VMS
September 27, 2022
REITs
Acquisitions a key ingredient of sector growth
Acquisitions have been a major ingredient in the growth of S-REITs
September 15, 2022