Suntec REIT - RHB Research 2025-10-27: Bouncing Back; BUY

• Suntec REIT's share price is trading at a ~34% discount to book value. It remains a potential M&A target and internalisation candidate.
• Suntec REIT's 3Q results were slightly above expectations, boosted by tax writebacks in Australia.
• - Read this at SGinvestors.io -

3Q DPU up 12% y-o-y.

• Suntec REIT's DPU for 3Q25 is up 12% y-o-y, driven by a stronger performance across its Singapore assets, lower financing costs, as well as a reversal of withholding tax provisions for its Australian assets. An additional S$2m in Australian tax provision reversals is expected to flow through to DPU in the next quarter.
• - Read this at SGinvestors.io -
• Suntec City mall saw an additional 13 units created from space optimisation, with an ROI of >40%, while overall retail occupancy rose 1.3ppts q-o-q to 99.3%.

Financing costs have declined.

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Read also RHB's most recent report:
2026-01-26 Suntec REIT - Stars Are Aligned; Maintain BUY.

Price targets by 5 other brokers at Suntec REIT Target Prices.

Listing of research reports at Suntec REIT Analyst Reports.

Relevant links:
Suntec REIT Share Price History,
Suntec REIT Announcements,
Suntec REIT Dividend Payout Dates & Corporate Actions,
Suntec REIT News