Maybank Kim Eng (MKE) analyst Chua Su Tye remains bullish on Singapore-listed REITs (S-REITs) given how they are still seen to give good yields, having gained about 2.4% m-o-m to outperform the market. This was boosted by a 20-30 basis points pull-back in the US Treasury 10-year yield since end-Apri...

DBS group research analysts Geraldine Wong and Derek Tan have maintained a “buy” call on Sasseur REIT with an increased target price of $1.10 from 89 cents previously. They “reiterate [their] ‘buy’ call with a higher discount cash flow (DCF)-based target price of $1.10 after increasing the...

THE following companies saw new developments that may affect trading of their securities on Monday:

The manager of Sasseur REIT has appointed Cecilia Tan Hong Lye as its new CEO. Tan’s appointment will take effect from August 1. She will replace the REIT’s current CEO Anthony Ang, who will be retiring and stepping down from the position on July 31. AdChoicesADVERTISING The appointment comes a...

SASSEUR Reit's manager announced on Friday that its CEO Anthony Ang Meng Huat will be retiring and stepping down after more than four years, to be replaced by Tan Hong Lye, Cecilia from Aug 1, 2021.

SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted a 31.9 per cent rise in its distribution per unit (DPU) to 1.759 Singapore cents for the first quarter ended March 31, 2021, from 1.334 cents a year ago.

SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted a 31.9 per cent rise in its distribution per unit (DPU) to 1.759 Singapore cents for the first quarter ended March 31, 2021, from 1.334 cents a year ago.

Sasseur REIT has reported a distribution per unit (DPU) of 1.76 cents for its 1QFY2021 ended March after 10% of its distributable income was retained for asset enhancement initiatives (AEIs) and expansion plans. The DPU of 1.76 cents translates to y-o-y growth of 31.9% from 1.33 cents previously, bu...

DBS Group Research is downgrading its call on Dasin Retail Trust to “hold” from “buy” previously, with a lower target price of 74 cents from 86 cents. In a March 3 report, according to lead analyst Woon Bing Yong, Dasin is currently trading richly at an FY2021 yield of about 6% which he...

Following a correction period in February, DBS Group Research sees the Straits Time Index (STI) picking up in the coming months, in-line with a strong March-April seasonal trend as well as an improved outlook for banks and upcoming ex-dividend period. The STI has rebounded from a low of 2,870 in Feb...