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Prime US REIT
Broker's Calls
Broker's Digest: Hongkong Land, Prime US REIT, Venture Corp, Genting SG, NetLink NBN Trust
Here's what analysts are recommending this week.
November 11, 2021
Broker's Calls
'Best leasing quarter' for Prime US REIT despite pre-terminations
Leasing activity surged more than three times q-o-q, with leases signed for 4.9% of portfolio net lettable area (NLA).
November 09, 2021
REITs
Prime US REIT in talks with WeWork on resolution of its lease obligation in California
As at 9.50am, units in Prime US REIT are trading flat at 86 US cents.
September 13, 2021
Broker's Calls
Suntec REIT, Prime US REIT among RHB’s top picks for office REITs as companies adopt hybrid work model
RHB anticipates companies to downsize office space by 20-30%.
August 23, 2021
Broker's Calls
'Buy' Prime US REIT on strong leasing momentum: analysts
The analysts have all kept their target prices unchanged, ranging from 94 US cents to US$1.10.
August 11, 2021
Results
Prime US REIT sees 5.4% drop in DPU to 3.3 US cents in 1H2021
Accounting for the private placement launched on June 24, Prime US REIT announced a cumulative DPU distribution of US 3.42 cents.
August 03, 2021
Broker's Calls
RHB stays ‘overweight’ on S-REITs with Suntec, AIMS APAC and Prime US as top picks
RHB believes the valuation gap between small, mid-cap REITs and large-cap REITs will continue to narrow in the near term.
July 16, 2021
Broker's Calls
RHB ups TP for Prime US REIT on acquisitions in San Diego and Florida
RHB raised its TP to US$1.03 from US$1 previously.
June 25, 2021
REITs
Prime US REIT issues 98.8 mil new shares under private placement, raising US$80 mil
The new units were issued at a price of 81 US cents per unit.
June 25, 2021
REITs
Prime US REIT acquires offices in San Diego and Florida for US$246 mil, launches US$80 mil private placement
The acquisitions mark Prime US REIT’s entry into the two markets.
June 24, 2021