- Prime US REIT's P/NAV is depressingly low at 0.36x. Maintain BUY with Prime US REIT's target price at US$0.31.
- - Read this at SGinvestors.io -
- Prime US REIT provides an attractive yield of 9.6% for 2026 and 12.7% for 2027.
Notable leasing discussions underway.
- Viewings have picked up since potential new tenants returned from their Labour Day long weekend in early-September. Leasing momentum has recovered. The bulk of the new leases is expected to be signed in 4Q25:
- - Read this at SGinvestors.io -
- There are various leasing discussions underway at Village Center Station 1 (VCS1) in Denver. After signing a 43,000sf lease with a global engineering company in 2Q25, Prime US REIT continues to engage a financial services company for 39,000sf at VCS1 (1.5 floors), which could improve occupancy at VCS1 from 68% to 84%.
- Prime US REIT is talking to two prospective tenants at 171 17th Street in Atlanta. It is in advanced negotiations with a professional services/consulting company for 23,000sf (one floor), which could improve occupancy at 171 17th Street from 66% to 70%.
Gaining conviction of delivering portfolio occupancy at top-end of guided range.
- Read more at SGinvestors.io.
