Since ESR Cayman has the irrevocable undertakings of its major shareholders for the merger with ARA Asset Management in a largely share transaction, the shape of the enlarged entity is starting to take shape, with an EGM set for Nov 3, at 10am. The transaction amount remains the much on same terms a...

A number of Singapore real estate companies have been recognised for their sustainability efforts in the 2021 Global Real Estate Sustainability Benchmark (GRESB) rankings. The GRESB assesses and benchmarks the ESG performance of global assets and monitors their progress towards global sustainability...

The government’s plans to open borders with additional vaccinated travel lanes (VTL) from two currently to nine more countries from Oct 19 is likely to be better for hospitality and lodging REITs. On the other hand, more controls locally, for visitors to malls and continued controls on dining coul...

RHB Group Research analyst Shekhar Jaiswal believes there are opportunities to accumulate stocks as the Singapore market awaits clarity on the Covid-19 situation. This comes after the Straits Times Index (STI) recorded a “weak” 3Q2021 performance, declining 1.2% on a q-o-q basis. Jaiswal anticip...

Investors should accumulate reopening plays during this month of heightened uncertainty and volatility, as Covid-19 cases are expected to peak in October and stabilise thereafter, says UOB Kay Hian Research analyst Jonathan Koh. In an Oct 1 note, Koh is maintaining “overweight” on S-REITs, with ...

RHB Group Research analyst Vijay Natarajan has maintained his “buy” call on Suntec REIT with a lower target price of $1.72, down from his previous figure of $1.76. In a Sept 30 note, Natarajan noted that the return of tightening measures in Singapore is negative for Suntec City mall, and will li...

On the back of new Covid-19 measures that will be effective from Sept 27 to Oct 24, DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong are advising investors to “seek shelter in structural growth names”. These include industrial S-REITs such as Mapletree Logistics Tru...

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...

Suntec REIT is the most undervalued commercial Singapore REIT (S-REIT), leading its peers with the highest two-year DPU CAGR, according to DBS Group Research analysts Rachel Tan and Derek Tan. In a report, the analysts say Suntec REIT’s two-year DPU cumulative annual growth rate (CAGR) of 12% is t...

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...