Religare Capital Markets

SINGAPORE (Aug 8): Roxy Pacific’s pricing strategy for its latest planned River Valley freehold condo should follow Martin Modern, says Religare Capital Markets.

SINGAPORE (Aug 8): Religare Capital Markets says the amalgamation of ESR-REIT and Sabana REIT will create a bigger, more liquid and investable REIT.

SINGAPORE (July 26): Religare Capital Markets says Suntec REIT’s 2Q results are in line with expectations, with revenue and distribution per unit (DPU) accounting for 25.7% and 24.8% of its full-year estimates, respectively.

SINGAPORE (July 26): Religare Capital Markets says Viva Industrial Trust (VIT) is likely to see continued growth ahead, following “another stellar quarter” with multiple growth avenues.

SINGAPORE (July 26): Religare Capital Markets is maintaining its “buy” on Mapletree Industrial Trust (MINT) with an unchanged target price of $1.90, given its positive outlook and undemanding valuation.

SINGAPORE (July 14): CapitaLand Commercial Trust’s redevelopment plan for Golden Shoe Carpark though exciting in the long run, is expected to put pressure to near-term DPU, particularly after factoring in the recent sales of properties, says Religare.

SINGAPORE (March 20): Chinese tycoon Gordon Tang has emerged as a substantial shareholder in OUE Commercial REIT (OUE C-REIT).

SINGAPORE (March 9): OUE Commercial REIT has launched a placement exercise to issue 233.3 million units at 64.3 cents each to raise gross proceeds of $150 million.

SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise $442.7 million for the purchase of three properties in Germany and Singapore will be dilutive to both yield and net asset value (NAV) of the REIT, according to a note by Religare Cap

SINGAPORE (Jan 18): It was CapitaGreen that saved the day for CapitaLand Commercial Trust (CCT) in a softening market outlook, says Religare Capital Markets.