SPH REIT

SINGAPORE (Feb 21): Credit Suisse is raising its 2018 GDP growth forecast for Singapore to 3.3% on the back of expectations of higher private consumption growth following the 2018 Budget announcement on Monday.

SINGAPORE (Jan 9): DBS is maintaining its “hold” recommendation on SPH REIT with a target price of $1.07 following the REIT posting its 1Q18 results.

SINGAPORE (Jan 8): CIMB is reiterating its “hold” call on SPH REIT with an unchanged target price of $1.06, after the trust’s 1Q18 distribution per unit (DPU) came in within expectations at 23.8% of the research house’s forecast with a total retur

SINGAPORE (Jan 5): The manager of SPH REIT reported DPU for 1Q18 ended Nov held steady at 1.34 cents compared to the same quarter last year.

SINGAPORE (Jan 4): The manager of SPH REIT has announced a 1Q19 distribution per unit (DPU) of 1.34 cents, which remains unchanged from a year ago and will be paid to unitholders on Feb 15.

SINGAPORE (Jan 2): Maybank Kim Eng is initiating coverage on Singapore’s retail REIT sector with a “negative” rating on the belief that rising rates, peak new supply in 2018 and fair valuations should restrain near-term price upside.

SINGAPORE (Dec 13): DBS is downgrading SPH REIT to “hold” from "buy" with a target price of $1.07 as the stock price closes in on its target price.

SINGAPORE (Oct 12): Singapore Press Holdings is hastening its restructuring plans, amid a 13% decline in revenue from its core media business in FY2017.

SINGAPORE (Oct 10): SPH REIT put in another resilient performance in the fourth quarter despite a muted retail environment. But analysts say the REIT could get an earnings boost from a possible acquisition.

SINGAPORE (Oct 9): SPH REIT is declaring a Distribution Per Unit (DPU) of 1.42 cents for the 4Q ended Aug, 0.7% higher than the 1.41 cents a year ago.