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SPH REIT
Broker's Calls
Is a merger between Keppel REIT and SPH REIT on the cards? DBS seems to think so
The analysts at DBS also deem Keppel’s offer for SPH an attractive one, calling SPH a "rare synergistic fit" to the group.
August 04, 2021
Results
SPH's digital circulation grows while print ad revenue declines, EGM expected in Aug-Sept
SPH notes “little scope” for further cost cuts without impairing the quality of its newspapers, as production costs rise.
July 19, 2021
Broker's Calls
CGS-CIMB sees 'brighter prospects' for SPH REIT, while Maybank Kim Eng sees the REIT’s recovery as 'slow'
CGS-CIMB has kept 'add' on SPH REIT while Maybank Kim Eng has maintained 'hold'.
July 16, 2021
Results
SPH REIT posts 3Q DPU of 1.38 cents
Things are looking up for SPH REIT as it posts an 11.3% q-o-q increase in 3Q DPU to 1.38 cents.
July 12, 2021
Company in the news
SPH to cut loose former core media business with $351.3 million send-off package
“The purpose of doing this is so SPH Media will continue to do the job that we have done so well for so long!”
May 07, 2021
Broker's Calls
Continue to 'hold' SPH REIT as 1H21 results fall in line with expectations: analysts
Analysts from Maybank Kim Eng and OCBC retained their ‘hold’ ratings for SPH with unchanged target prices.
April 01, 2021
REITs
Investors focus on SPH as asset recycling appears imminent
SPH is in focus because of restructuring, and the recycling of assets into SPH REIT and a student dorm REIT
April 01, 2021
Broker's Calls
UOB Kay Hian upgrades SPH to 'buy' as property assets pave the way to recovery
The target price has been upped to $1.74 from $1.22 previously.
March 30, 2021
Results
SPH REIT reports 2Q21 DPU of 1.24 cents; sees 45.2% y-o-y jump in 1H21 DPU of 2.44 cents
Units in SPH REIT closed 1 cent higher or 1.2% up at 85.5 cents on March 29.
March 29, 2021
REITs
Syfe drops SPH REIT from REIT+ portfolio, adds Lendlease and AIMS APAC
This follows SGX’s semi-annual rebalancing of the index, which adds Lendlease Global Commercial REIT to its list of 27 trusts.
March 19, 2021