Despite Keppel REIT’s positive set of results for 1HFY2021 ended June 30, analysts have remained divided on their recommendation for the office REIT.

Among those in favour of Keppel REIT is CGS-CIMB Research.

“With no major refinancing needs in FY2021 and better debt headroom, Keppel REIT continues to be in a strong position to continue to evaluate accretive inorganic growth opportunities,” CGS-CIMB analysts Long Mun Yee and Eing Kar Mei write in a note dated July 28.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook