Home Capital Broker's Calls

Soilbuild REIT remains an attractive yield play, say analysts

Samantha Chiew
Samantha Chiew1/23/2019 01:11 PM GMT+08  • 3 min read
Soilbuild REIT remains an attractive yield play, say analysts
SINGAPORE (Jan 23): Soilbuild Business Space REIT (Soilbuild REIT) on Monday announced that its 4Q18 DPU has increased by 4.9% y-o-y to 1.451 cents, bringing FY18 DPU to 5.284 cents, 7.5% lower than a year ago.
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 (Jan 23): Soilbuild Business Space REIT (Soilbuild REIT) on Monday announced that its 4Q18 DPU has increased by 4.9% y-o-y to 1.451 cents, bringing FY18 DPU to 5.284 cents, 7.5% lower than a year ago.


See: Soildbuild REIT posts 4.9% increase in 4Q DPU to 1.451 cents

Following the results announcement, DBS Group Research is reiterating its “buy” recommendation on Soilbuild REIT with a target price of 65 cents, as the REIT’s enlarged vehicle offers stability amid the bottoming out of industrial rents.

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