Home Capital Broker's Calls

First Sponsor to benefit from post-Brexit relocation to the Netherlands

Samantha Chiew
Samantha Chiew7/31/2018 10:50 AM GMT+08  • 2 min read
First Sponsor to benefit from post-Brexit relocation to the Netherlands
SINGAPORE (July 31): DBS is maintaining its “buy” call on First Sponsor Group with a target price of $1.62.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 31): DBS is maintaining its “buy” call on First Sponsor Group with a target price of $1.62.

In a Monday report, analyst Rachel Tan says, “First Sponsor is one of the rare property developers listed in Singapore that will benefit from higher demand fuelled by post-Brexit relocation to Netherlands.”

Currently, the group owns 13 properties/projects in the Netherlands, mainly in Amsterdam, as well as one hotel property in Germany.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now