EC World REIT (ECW)

Management & Corporate Governance

Chief investment officer of manager of EC World REIT under CAD and MAS probe

SINGAPORE (July 2): The chief investment officer of the manager of EC World REIT (ECW REIT), Li Jinbo, is under probe by the Commercial Affairs Department (CAD) and the Monetary Authority of Singap

Broker's Calls

Never mind the coronavirus, EC World REIT should 'perform as expected': KGI

SINGAPORE (March 2): Despite the outbreak of the novel coronavirus in China, KGI Securities continues to rate EC World REIT as “outperform”, albeit with a lower target price of 82 cents from 84 cen

Broker's Calls

EC World REIT started at 'outperform' amid China e-commerce boom: KGI

SINGAPORE (Nov 25): KGI Securities is initiating coverage on EC World REIT (ECW) with an “outperform” recommendation and a target price of 84 cents – representing a total upside of more than 23%, i

REITs

REITs have had a good run, yield compression may have come to an end

(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1).

Broker's Calls

Accretive acquisition and long WALE keeps EC World REIT at 'buy'

SINGAPORE (May 29): Phillip Capital is keeping its “buy” call on EC World REIT (ECW REIT) with a higher target price of 87.2 cents from 85 cents previously.

Broker's Calls

EC World REIT's positive 1Q earnings and accretive acquisition of Fuzhou E-Commerce keep it at 'buy'

SINGAPORE (May 14): EC World REIT (ECW REIT) on May 10 announced a 2.2% increase in its 1Q19 DPU to 1.501 cents, compared to 1.469 cents in 1Q18.

Broker's Calls

EC World REIT started at 'buy' by RHB on China's booming e-commerce and logistics sectors

SINGAPORE (Jan 9): RHB Research is initiating a “buy” call on EC World REIT with a target price of 81 cents.

Results

EC World REIT posts 9% increase in 3Q DPU to 1.57 cents

SINGAPORE (Nov 7): EC World Asset Management, the manager of EC World REIT, has declared a 3Q18 DPU of to 1.57 cents, 9% higher than the 1.44 cents declared in 3Q17.

Broker's Calls

EC World REIT a ‘buy’ on yield compression potential

SINGAPORE (Aug 8): EC World REIT (ECW) reported 2Q18 results that came within expectations of research house SooChow CSSD Capital Markets (Asia).

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