Suntec REIT is the most undervalued commercial Singapore REIT (S-REIT), leading its peers with the highest two-year DPU CAGR, according to DBS Group Research analysts Rachel Tan and Derek Tan.
In a report, the analysts say Suntec REIT’s two-year DPU cumulative annual growth rate (CAGR) of 12% is the highest among its commercial S-REIT peers. The REIT is currently trading at 0.7 times price to net asset value, while its peers are trading between 0.8 times to 1.2 times price to net asset value.
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)
