SINGAPORE (July 2): CGS-CIMB Research is maintaining Suntec REIT as one of its top picks in the SREIT space.
CGS-CIMB says the acquisition of an office property in Pyrmont, Sydney, should remove the share price overhang due to the unused proceeds from the recent placement.
Suntec REIT acquires Grade A office building in Sydney for A$297 mil
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