Broker's take: OCBC Investment Research downgrades ESR-Reit to 'hold'

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

BrokersTake: OCBC Investment Research downgrades ESR-Reit to 'hold'

OCBC Investment Research has downgraded its recommendation of ESR-Reit to"hold" due to a rally in the industrial Reit's unit price since the brokerage initiated coverage in December 2018.

On the rental income from Hyflux Membrane's tenancy at 8 Tuas South Lane, Ms Ong said there are mitigating factors for the Reit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

OCBC chief Samuel Tsien gets 10.4% rise in pay to S$10.7m for 2018.OCBCBank chief Samuel Tsien gets 10.4% rise in pay to S$10.7m for 2018
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: OUE, OUE C-Reit, OUE H-Trust, ASTI Holdings, Mindchamps, RHT Health TrustStocks to watch: OUE, OUE C-Reit, OUE H-Trust, ASTI Holdings, Mindchamps, RHT Health Trust
Source: BusinessTimes - 🏆 15. / 51 Read more »

OUE Commercial Reit, OUE Hospitality Trust in proposed merger by trust schemeProperty field_blurb Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

OUE Commercial Reit, OUE Hospitality Trust in merger talksProperty field_blurb Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

OUE Commercial Reit to buy OUE Hospitality TrustOUE Commercial Real Estate Investment Trust (Reit) said yesterday it would buy OUE Hospitality Trust in a cash-and-stock deal worth $1.37 billion, creating one of Singapore's largest Reits. Under the deal, OUE Commercial will issue 1.3583 new shares for every OUE...
Source: thenewpaper - 🏆 7. / 63 Read more »

Broker's take: CGS-CIMB initiates coverage on Sasseur Reit with 'buy'ANALYSTS at CGS-CIMB have initiated coverage on Sasseur Reit with a 'buy' call and a target price of S$0.92 on the real estate investment trust's (Reit) exposure to China’s fast-growing retail outlet segment and a rental structure that the analysts say, provides downside protection while offering potential earnings upside. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Two OUE Reits join consolidation trend with proposed mergerCONSOLIDATION in the Reit sector appears to be gaining momentum - two OUE units announced a merger on Monday to create a S$6.8 billion diversified real estate investment trust (Reit) whose unit price could rise over time with increased liquidity and institutional interest. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »