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Home / Capital / Brokers Calls

Analysts up Suntec REIT's TP estimate following latest divestment and acquisition of prime London office

Broker's Calls

Analysts up Suntec REIT's TP estimate following latest divestment and acquisition of prime London office

Felicia Tan Published on Thu, Jul 01, 2021 / 3:06 PM GMT+8

Analysts from CGS-CIMB Research and RHB Group Research are positive on Suntec REIT’s move to divest its office strata units and acquisition of a London Grade A office development.

The REIT announced the divestment and acquisition on June 30.

On this, the analysts have maintained their “add” and “buy” calls.