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Home / Capital / Brokers Calls

KTL Offshore could be next to default on Soilbuild Business REIT: Phillip Capital

Broker's Calls

KTL Offshore could be next to default on Soilbuild Business REIT: Phillip Capital

Michelle Zhu Published on Fri, Nov 10, 2017 / 1:01 PM GMT+8

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SINGAPORE (Nov 10): Phillip Capital remains negative on the outlook of Soilbuild Business Space REIT as it maintains “reduce” on the REIT with a target price of 61 cents, which represents an implied FY17 P/NAV multiple of 0.86 times.

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