Following Sasseur REIT’s 2QFY2021 ended June results announcement, which saw DPU increase by 6.7% y-o-y to 1.614 cents, analysts are keeping positive on the stock as they believe that it is primed for stronger growth ahead. For the 1HFY2021 period, DPU came in at 3.373 cents, 18.5% higher y-o-y.

See: Sasseur REIT 2Q21 DPU rises 6.7% y-o-y to 1.614 cents

According to Maybank Kim Eng analyst Chua Su Tye, “Sales recovery is gaining traction, with asset enhancement initiatives (AEIs) and tenant remixing efforts set to lift occupancies in 2022.”

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