Asset Enhancement Initiative (AEI)

Broker's Calls

DBS maintains 'buy' call for CapitaLand China Trust as it exits lockdown peak

DBS analysts Geraldine Wong and Derek Tan have lowered their TP to $1.45 from $1.55 previously.

REITs

E-LOG REIT obtains practical completion in Queensland property and 100% occupancy in 19 Tai Seng Avenue following AEI

Units in E-LOG closed 0.5 cent higher or 1.52% up at 33.5 cents on Oct 28.
Sabana REIT's NTP+ mall to open in 2Q2021 - THE EDGE SINGAPORE

REITs

Sabana REIT's NTP+ mall to open in 2Q2021

The total occupancy at NTP+ as at March 10 stands at 83.4%.
Sasseur REIT posts 7.6% higher DPU for 3Q to 1.764 cents on higher EMA rental income - THE EDGE SINGAPORE

Results

Sasseur REIT posts 7.6% higher DPU for 3Q to 1.764 cents on higher EMA rental income

Quarter-on-quarter, DPU was up 16.7% from the 1.512 cents posted in 2QFY2020.
Tee International reverses from previous year's losses, reports $468,000 earnings in 1QFY21 - THE EDGE SINGAPORE

Results

Tee International reverses from previous year's losses, reports $468,000 earnings in 1QFY21

Shares in Tee International closed 0.3 cents higher, or 10.7% up at 3.1 cents on Oct 15.

Broker's Calls

CCT upgraded on potential merger with CMT

CCT gets boosted on potential merger with CMT

Investing ideas

Analysts neutral on CapitaLand Mall Trust on weak retail outlook, but AEIs may help spur growth

SINGAPORE (Oct 23): Analysts are keeping a rather neutral stance on CapitaLand Mall Trust (CMT) following its results announcement on Oct 21.

Broker's Calls

Frasers Commercial Trust lacks near-term catalysts despite positive developments, say analysts

SINGAPORE (Oct 22): CGS-CIMB Securities and RHB Research are maintaining their respective “hold” and “neutral” calls on Frasers Commercial Trust (FCOT), both with a $1.50 price target each.

Contracts

TEE International subsidiaries secure new engineering contracts worth $58 mil

SINGAPORE (Oct 16): TEE International’s wholly-owned subsidiaries, PBT Engineering and Trans Equatorial Engineering, have been awarded new engineering contracts worth $58 million to carry out asset enhancement initiative (AEI) and mechanical & electrica

Broker's Calls

Analysts stay positive on Frasers Centrepoint Trust on draw of larger malls

SINGAPORE (July 25): Analysts are keeping their positive outlooks on Frasers Centrepoint Trust (FCT) after the REIT saw its distribution per unit (DPU) climb 1.8% y-o-y to 3.053 cents for the 3Q18 ended June.
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