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Suntec REIT reports 21.9% drop in 3Q DPU to 1.848 cents on lower distributable income
The REIT will be distributing its 3Q distributable income in full due to 'encouraging signs of recovery'.
October 22, 2020
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
In print this week
The time to look into hospitality REITs is now
SINGAPORE (Aug 4): Chong Kee Hiong, CEO of OUE Hospitality Trust (OUE-HT)’s manager, senses from his regular interaction with investors that the market is looking for an inflection point in the hotel sector.
August 04, 2017
Results
OUE H-Trust posts 39.5% lower 2Q DPU of 0.92 cent on lower revenue
SINGAPORE (Aug 1): OUE Hospitality Trust (OUE H-Trust) has declared a distribution per stapled security (DPU) of 0.92 cents for 2Q16, 39.5% lower from 1.52 cents a year ago.
August 01, 2016