Maybank Kim Eng  (MBKE) head of REITs research Chua Su Tye has issued a “buy” call on Prime US REIT due to stable occupancies and strong leasing momentum at 8.9% rent reversion despite weakened market demand. The SGX-listed REIT owns a diversified portfolio of US office real estate consisting of 12 properties across 9 cities including Atlanta, San Francisco and Washington DC. 

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