There are different views on this, but on the whole the move to Sora is meant to be neutral with reference to SOR. On the other hand, it appears that S-REITs, corporates and any entity or consumer with a loan are likely to face higher funding costs. That impact has not yet been fully felt because th...

Emperador, which listed on the Singapore Exchange (SGX) in July, has displaced ComfortDelGro (CDG) as one of the 30 constituents on the benchmark Straits Times Index (STI).The Mainboard-listed brandy maker received its eligibility to list on the SGX on April 13. It is the first Phillipine Stock Exch...

Frasers Centrepoint Trust (FCT), which is one of the most defensive Singapore REITs (S-REITs), boasts defensive strength supported by essential services, says UOB Kay Hian Research analyst Jonathan Koh.“Essential services account for 45% of its total net lettable area (NLA) and contribute 54.4% of...

DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong are positive on Singapore REITs (S-REITs), in light of a good defence set up with refinancing profiles well staggered and high hedge ratios in place.The analysts observe that higher inflationary pressures and interest rat...

Higher inflationary pressures and interest rates have been the key bugbears for Singapore REITs (S-REITs) in the first half of the year. DBS Group Research analysts see brighter days ahead as S-REIT managers have taken steps to mitigate these pressures.“With real estate fundamentals for most secto...

Sometimes distributions in specie are viewed in a less favourable light. Why would a company divest its assets to its shareholders? Whatever the reason, the company announcing the divestment usually experiences a short-term bounce. Will this last?On Aug 12, Pacific Century Regional Developments (PCR...

Singapore’s economy is seen to slow from the wider global woes of inflation and geopolitical risks. Yet, Singapore stocks are seen to continue earnings growth as the companies here ride on growth momentum of exports and strong recovery in services. Consequently, RHB Group Research maintains its ea...

DBS Group Research equity analysts Yeo Kee Yan and Janice Chua say that the market faces a “correction” this month according to historical trends, following the rebound seen in July.The Straits Times Index (STI) had a 3.35% month-on-month (m-o-m) rebound in July, in line with Yeo and Chua’s ex...

Analysts are staying optimistic on Keppel REIT (KREIT) amid the economy reopening up from the pandemic, as the REIT is seeing a strong demand for its office spaces and rent rates are increasing in the market.This was recovery was evident in the REIT’s latest 1HFY2022 ended June results, which saw ...

DEMAND for prime office spaces in the Central Business District (CBD) has heated up, with Keppel Reit’s manager revealing in a briefing on Tuesday (Jul 26) that its recent lease signings are in the range of high S$9 to mid S$13 per square foot per month.

DEMAND for prime office spaces in the Central Business District (CBD) has heated up, with Keppel Reit’s manager revealing in a briefing on Tuesday (Jul 27) that its recent lease signings are in the range of high S$9 to mid S$13 per square foot per month.

THE following companies saw new developments that may affect trading of their securities on Wednesday (Jul 27).

The manager of Keppel REIT has reported a distribution per unit (DPU) of 2.97 cents for the 1HFY2022 ended June, 1.0% higher than the DPU of 2.94 cents posted in the corresponding period the year before.The number of units in the REIT in issue during this period stood 1.23% higher y-o-y at 3.72 bill...

Keppel Reit reported a 1 per cent year-on-year increase in H1 2022 distribution per unit (DPU) to S$0.0297 from S$0.0294 previously.

The yield on 10-year Singapore Government Securities (SGS), the so-called risk free rate, has retreated somewhat from its peak of 3.18% since mid-June. The local risk-free rate is important to REIT investors because unit prices of REITs are affected by the 10-year SGS yield through the yield spread....