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Home / Capital / Brokers Calls

What's troubling Soilbuild REIT in spite of improved occupancy

Broker's Calls

What's troubling Soilbuild REIT in spite of improved occupancy

Michelle Zhu Published on Mon, Oct 16, 2017 / 11:17 AM GMT+8

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SINGAPORE (Oct 16): Phillip Capital is downgrading Soilbuild Business Space REIT to “reduce” on worsening arrears, while raising its discount rate to 7.9% from 6.9% on the basis of higher uncertainty in future cash flows.

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