UOB Kay Hian is keeping its “overweight” rating on the Singapore REITs (S-REITs) sector despite the country’s recent surge in daily Covid-19 infections. This is as most of the new infected cases are asymptomatic or have mild symptoms. Thankfully, this means that ICU admission and deaths remain...

Which REIT has the highest fees? Does having an internal manager help? And what is the impact of having a strong sponsor? We crunch the numbers for you Fees paid to REIT managers can be a touchy subject but we will attempt to poke the subject with a stick in this issue. Firstly, we have updated our ...

UOB Kay Hian has added Lendlease Global Commercial REIT (LREIT) to its alpha picks portfolio on Sept 3 after the portfolio “handily beat” the performance of the Straits Times Index (STI) in the month of August. During the month, UOB Kay Hian’s alpha picks portfolio rose 0.9% m-o-m on an equal-...

The manager of Cromwell European REIT (CEREIT) has announced the inclusion of CEREIT into the FTSE EPRA Nareit Global Developed Markets Index with effect from Sept 21. The REIT joins 10 other Singapore REITs (S-REITs) that will be admitted to the FTSE EPRA Nareit Global Real Estate Index Series foll...

The current share price levels for the Singapore REIT (S-REIT) sector presents an “opportunity” for investors to re-enter, say DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong on Aug 30. On the back of the US Federal Reserve chairman Jeremy Powell’s broad messagin...

UOB Kay Hian has named ESR-Reit, ARA Logos Logistics Trust (ARA Logos), Lendlease Global Commercial Reit (Lendlease Global) and Cromwell European Reit (Cromwell E-Reit) as top contenders to join the FTSE EPRA Nareit Developed Asia Index, it said in a research note on Tuesday.

Analysts at Maybank Kim Eng, OCBC Investment Research and UOB Kay Hian are positive on the Singapore REITs (S-REITs) under their coverage. While OCBC analyst Chu Peng has not given an overall recommendation for the sector, Maybank Kim Eng analyst Chua Su Tye has maintained “positive” on S-REITs....

CGS-CIMB Research analysts Eing Kar Mei and Lock Mun Yee are upbeat on Lendlease Global Commercial REIT (LREIT) after its 2HFY2021 ended June results came in line with expectations. See: Lendlease Global Commercial REIT posts 32.8% higher 2H21 DPU of 2.34 cents The analysts highlight that LREIT’s ...

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

LENDLEASE Global Commercial Reit (Lendlease Global Reit) on Tuesday posted a distribution per unit (DPU) of 2.34 Singapore cents for the half-year ended June 30, up 32.8 per cent from 1.76 cents a year ago on the back of recovery in retail activity.