SINGAPORE (June 19): CGS-CIMB analyst Lock Mun Yee has maintained her “overweight” call on the office property sector.

In a report dated June 18, Lock says she has maintained the call on valuation grounds, and in view of the prolonged low-interest-rate environment.

Lock has also identified CapitaLand Commercial Trust (CCT) and Keppel REIT (KREIT) as her top picks, with “add” calls, and target prices of $1.98, and $1.20, respectively.

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