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Broker's Calls
Analysts see Suntec REIT's London acquisition as positive, though higher gearing could drag near-term share price performance
Analysts from CGS-CIMB, DBS, OCBC and UOB Kay Hian have given "buy" calls on the counter.
October 13, 2020
REITs
Suntec REIT diversifies into UK with $756 million acquisition of London properties
With the acquisition of Nova Properties, Suntec REIT’s AUM will grow from $10.7 billion to $11.5 billion.
October 08, 2020