SEE: Prime US REIT 2H20 DPU and FY20 DPU outperform IPO forecast by 2.1% and 3.6%
“While the occupancies at Village Center Station I, 171 17th Street, and Park Tower at between 65.1-92.6% were below market at 81.8-94.9%, [PRIME US REIT’s] properties are well-placed, with demand from financial and technology sector tenancies expected to support backfilling efforts in the coming quarters,” remarks Maybank Kim Eng (Maybank KE) analyst Chua Su Tye.
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