Suntec REIT

Suntec REIT divests stake in 9 Penang Road property for $295.5 mil - THE EDGE SINGAPORE

REITs

Suntec REIT divests stake in 9 Penang Road property for $295.5 mil

The commercial building was developed through a JV between Suntec REIT, Singhaiyi Group and Haiyi Holdings.
RHB keeps 'buy' on Suntec REIT as it pins on recovery hopes - THE EDGE SINGAPORE

Broker's Calls

RHB keeps 'buy' on Suntec REIT as it pins on recovery hopes

RHB Group Research analyst Vijay Natarajan has maintained his ‘buy’ call on Suntec REIT with a lower target price of $1.72.
Suntec REIT reports 16.2% y-o-y  growth in DPU to 2.045 cents for 1QFY21 - THE EDGE SINGAPORE

Results

Suntec REIT reports 16.2% y-o-y growth in DPU to 2.045 cents for 1QFY21

The higher DPU was driven mainly by contributions from office assets in Singapore and Australia.
'Buy' Suntec REIT on better demand for assets; potential divestments: RHB - THE EDGE SINGAPORE

Broker's Calls

'Buy' Suntec REIT on better demand for assets; potential divestments: RHB

RHB maintained its 'buy' call for the REIT with an unchanged target price of $1.79.
Further relaxation of measures bodes well for office, retail and hospitality REITs: DBS - THE EDGE SINGAPORE

Broker's Calls

Further relaxation of measures bodes well for office, retail and hospitality REITs: DBS

REITs to benefit include Keppel REIT, MCT, Suntec, LREIT, FCT, Far East Hospitality Trust and CDL HT.
Equity, bonds or perpetuals of Singapore REITs: Which to pick? - THE EDGE SINGAPORE

Bonds and treasuries

Equity, bonds or perpetuals of Singapore REITs: Which to pick?

REIT bonds and REIT perpetual securities have become increasingly common as REITs diversify their sources of funds beyond equity.
Analysts mixed on Suntec REIT, some expect deterioration, while others foresee recovery - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on Suntec REIT, some expect deterioration, while others foresee recovery

Analysts are divided over the future of Suntec REIT as different brokerages gave three different ratings on the stock.
These REITs could ride the market recovery - THE EDGE SINGAPORE

Broker's Calls

These REITs could ride the market recovery

As financial markets continue to rebound from the impact of Covid-19, several S-REITs could ride on the recovery.
Analysts mixed on Suntec REIT, with conflicting views on office space - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on Suntec REIT, with conflicting views on office space

Analysts are mixed on the prospects of Suntec REIT, especially on its office space.
Positive outlook for office REITs as GDP recovers: DBS - THE EDGE SINGAPORE

REITs

Positive outlook for office REITs as GDP recovers: DBS

Despite a rise in flexible working arrangements, DBS Group Research still has a positive outlook on office spaces in Singapore.
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