SPH REIT

SINGAPORE (Dec 18): In its first foray overseas, SPH REIT says that it is acquiring an 85.0% interest in an Australian property, Figtree Grove Shopping Centre, for a consideration of A$175.1 million ($175.1 million) from an unrelated third party, Swordfi

SINGAPORE (Oct 12): Analysts are generally keeping a positive stance on SPH REIT following its results announcement yesterday.

SINGAPORE (Oct 11): SPH REIT announced that its 4Q18 DPU saw a slight increase to 1.43 cents, compared to 1.42 cents in 4Q17.

SINGAPORE (July 12): CGS-CIMB is reiterating its “hold” recommendation on SPH REIT with a target price of $1.07.

SINGAPORE (July 12): DBS Vickers Securities is maintaining its “hold” call on Singapore Press Holdings (SPH) with a lower target price of $2.58 compared to $2.60 previously, after lowering FY19-20F earnings by 21-35% on slower residential property sal

SINGAPORE (July 10): The manager of SPH REIT has declared distribution per unit (DPU) of 1.37 cents for the 3Q ended May, unchanged from a year ago.

SINGAPORE (May 3): DBS is maintaining its “buy” call on SPH REIT with a target price of $1.07.

SINGAPORE (Apr 30): SPH REIT is acquiring The Rail Mall for $63.2 million from Pulau Properties.

SINGAPORE (Apr 9): CIMB, Maybank Kim Eng and OCBC are reiterating their “hold” calls on SPH REIT with unchanged target prices and a lower fair value of $1.06, $1 and $1.02, respectively.

SINGAPORE (Apr 6): The manager of SPH REIT has declared a 2Q distribution per unit (DPU) of 1.4 cents, unchanged from a year ago.