CGS-CIMB Research is keeping its “add” recommendation on ARA LOGOS Logistics Trust (ALOG) with a target price of 71.3 cents, as the stock is trading at an attractive 7.6% yield.

In an Oct 14 report, analyst Eing Kar Mei is positive on the trust’s assets following a site visit to three of ALOG’s assets – DHL Supply Chain Advanced Regional Centre (DHL Centre), Changi DistriCentre 1 (CD1) and Commodity Hub (CH).

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