RHB keeps 'buy' on ARA LOGOS Logistics Trust due to 'brighter outlook ahead'

RHB Group Research analyst Vijay Natarajan has kept his “buy” recommendation on ARA LOGOS Logistics Trust as he sees a “brighter outlook ahead” for the trust.

“ARA LOGOS Logistics Trusts’ portfolio of 27 strategically located logistics assets, across Singapore and Australia, stand to benefit from the expected rise in logistics demand,” he writes in a Jan 12 report.

Natarajan has also identified key share price catalysts to be “favourable demand-supply dynamics logistics assets, increased liquidity following its recent fund exercise and investors’ continued hunt for yields”.