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Starhill Global REIT (SGREIT)
Broker's Calls
Shoppers are back, but higher interest rates and weak currencies cloud Starhill Global REIT's outlook: OCBC
The REIT reported 8.4% higher net property income y-o-y at $37.2 million, above OCBC’s expectations.
November 08, 2022
Results
Starhill Global REIT reports 8.4% y-o-y increase in NPI for 1QFY2023
As at Sept 30, the REIT’s committed portfolio occupancy stood at 96.9% with a WALE of 7 years by NLA.
October 27, 2022
Broker's Calls
Analysts neutral on Starhill Global REIT as results stood below expectations; Soochow CSSD downgrades to 'hold'
OCBC has given the REIT a target price of 61 cents, while Soochow CSSD has given it a target price of 68 cents.
January 28, 2022
REITs
Starhill Global REIT prices $125 mil notes with 2.23% p.a. coupon
The transaction is not expected to have a material impact on the REIT’s gearing.
September 06, 2021
Broker's Calls
DBS upgrades Starhill Global REIT to 'buy' with 'earlier than expected' DPU recovery
"We see DPU hitting close to pre-pandemic levels earlier than anticipated, with the return of tourist-led spending."
July 13, 2021
Broker's Calls
Starhill Global REIT is heading towards a recovery
Starhill Global REIT is poised for a recovery.
April 28, 2021
Results
Starhill Global REIT posts 0.6% lower 3Q20/21 revenue of $46.4 mil
The REIT's maiden distribution reinvestment plan has been successfully launched for 1HFY2020/2021 DPU.
April 26, 2021
Company in the news
Starhill Global REIT enters into A$100 mil unsecured term loan facility
The utilisations are expected to take place between May and June.
April 06, 2021
Results
Starhill Global REIT reports 16.8% lower 1H20/21 DPU of 1.88 cents due to lower revenue, NPI
The DPU represents an annualised distribution yield of 7.41% based on the closing unit price of 50.5 cents as at Dec 31, 2020.
January 28, 2021
Broker's Calls
Starhill Global REIT, a star to buy say analysts at OCBC Investment Research
Analysts at OCBC Investment Research have posted a “buy” call on Starhill Global REIT at a fair value of 52 cents.
November 03, 2020