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...

Following Sasseur REIT’s latest FY2020 results announcement, analysts are remaining positive on the REIT as it seems that the China-based outlet mall REIT is seeing high traction from consumers looking for a bargain. Distribution per unit (DPU) for the 4QFY2020 period increased by 18.8% y-o-y to $...

SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted an 18.8 per cent rise in its distribution per unit (DPU) to 1.935 Singapore cents for the fourth quarter ended Dec 31, 2020, from 1.629 cents a year ago.

The manager of Sasseur REIT announced that its 4QFY2020 distribution per unit (DPU) has increased by 18.8% to 1.935 cents  from 1.629 cents a year ago, with income available for distribution to unitholders coming in 19.7% higher at $23.3 million from 19.5 million in 4QFY2019. This brings FY2020...

Analysts from CGS-CIMB, DBS Group Research and Maybank Kim Eng are recommending investors to “add” or “buy” units in Sasseur REIT. KGI Research, similarly, has rated “outperform” on the REIT due to its better-than-expected 3QFY2020 results. On Nov 13, the manager of Sasseur REIT reported...

SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted a 7.6 per cent rise in its distribution per unit (DPU) to 1.764 Singapore cents for the third quarter ended Sept 30, 2020, from 1.64 cents a year ago.

The manager of Sasseur REIT has reported distribution per unit (DPU) of 1.764 cents for the 3QFY2020 ended Sept 30, up 7.6% from the 1.640 cents reported in 3QFY2019. Quarter-on-quarter, DPU was up 16.7% from the 1.512 cents posted in 2QFY2020. Total DPU for the 9MFY2020 came in at 4.610 cents, 6% l...

KGI Securities favours retail REITs on a faster-than-expected retail recovery in Singapore, say analysts in an Oct 5 note.  REITs and Technology sectors are marked to “outperform” in an otherwise “neutral” climate, with competitor headwinds in the telecommunications sector driving ...

The year 2020 is a “watershed year”, according to CGS-CIMB analyst Lim Siew Khee, who estimated an average decline of 32% y-o-y for companies’ earnings per share (EPS) across the board following their 1H20 results. “We knew 2Q20 would be bad but some corporates were hit harder than expected....