The sale of the retail malls under Mercatus Co-operative, a unit of NTUC Enterprise Co-operative, will be keenly watched, says DBS Group Research analysts Geraldine Wong and Derek Tan in a June 23 report.On June 16, Bloomberg reported that the NTUC unit is exploring a sale of its retail malls, AMK H...

DBS Group Research analysts Andy Sim, Geraldine Wong and the Singapore research team are recommending investors buy into staple consumer plays such as Sheng Siong and Kimly as prices in Singapore continue to increase.In March and April, the Singapore consumer price index (CPI) saw y-o-y increases of...

Lendlease, on June 20, announced that it has entered into a partnership with Dutch pension fund manager PGGM to create the Lendlease Innovation Limited Partnership.The $1 billion partnership will invest in real estate assets in the innovation and life science space with a focus on Australia, Japan a...

Maintaining the barbell approach recommended by analysts is proving heavy this year.Singapore investors not only have to contend with new waves of Covid-19 in July, as warned by health minister Ong Ye Kung, but also consider a host of worries abroad.RHB Group Research analyst Shekhar Jaiswal lists t...

REITs’ unit prices are affected by a myriad of factors. For investors and market watchers who wonder why REITs’ price to net asset value ratios (P/NAV) vary between more than 2x for ParkwayLife REIT (PLife REIT) to 0.53x for Lippo Mall Indonesia REIT (LMIRT) and BHG Retail REIT, look no further ...

UOB Kay Hian has added Frencken and Lendlease Global Commercial REIT (LREIT) to its alpha picks portfolio for the month of June.The team’s portfolio fell 2.9% m-o-m in May, but still outperformed the benchmark Straits Times Index (STI)’s 3.7% m-o-m decline.“Key stocks that outperformed for us ...

UOB Kay Hian analyst Jonathan Koh is keeping his “overweight” call on the Singapore REIT (S-REIT) sector, as he sees upside from the reopening against the perceived threat against inflationary pressures.The way he sees it, nascent signs of the easing of inflationary pressures have emerged.“US ...

As the US Federal Reserve expects a total of seven interest rate hikes in 2022, DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong see a “base building month ahead” with June marking a peak in rate hike worries.The brokerage’s rates strategist is also estimating inflation ...

CGS-CIMB Research analysts Lock Mun Yee, Lim Siew Khee, as well as the Singapore research team are advocating investors stay defensive in the near-term.“We expect the market to remain volatile with increased external risks,” the analysts write in their strategy note dated May 26.With this, the a...

Singapore REITs (SREITs) are seen as a safe haven when the yield curve flattens in a rising interest rate environment. Even amid market volatility, “the stars are aligned” for hospitality and office sectors, say DBS Group Research analysts Rachel Tan and Dale Lai.“While the SREITs are not spar...