Prime US REIT

Broker's Calls

PhillipCapital like US office REITs for attractive dividend yields, long WALES

SINGAPORE (July 20): PhillipCapital is initiating a “buy” on US office REITs as the sector has remain resilient amid a new normal.

Broker's Calls

US Office S-Reits enjoy strong rent collection amid Covid-19 uncertainty

SINGAPORE (June 24): US office REITs are enjoying strong portfolio resiliency amid the economic uncertainty of Covid-19.

SGX Research Series: 10 in 10

Prime US REIT banks on portfolio of high-quality office assets

SINGAPORE (May 15): Prime US REIT has a focus on stabilised income-producing office assets in the US.

REITs

Prime US REIT beats IPO forecast by 9% with 4Q DPU of 1.77 US cents; launches private placement to help fund Sacramento property acquisition

SINGAPORE (Feb 12): The manager of Prime US REIT has declared distribution per unit (DPU) of 1.77 US cents for 4QFY2019 ended December 2019, some 9.0% higher than its initial public offering (IPO)

SE Asian economies

Southeast Asia bourses remain resilient amid economic headwinds in 2019: Deloitte

SINGAPORE (Nov 26): Capital markets across Southeast Asia remained buoyant in 2019, despite ongoing global geopolitical tensions and macroeconomic events such as the US-China trade confli

Broker's Calls

Prime US REIT started at 'buy' by DBS on high occupancy, good location and strong sponsor

SINGAPORE (Nov 5): DBS Group Research is initiating coverage on Prime US REIT with a “buy” call and a target price of US$1.05. 

IPO

Singapore property trust IPOs surge to 6-year high

SINGAPORE (Sept 18): Singapore real estate investment trusts are on a money-raising spree.

Markets

IMF cuts global forecast; Fed in focus

SINGAPORE (July 29): The European Central Bank has signalled the need for significant stimulus in the economy, as the growth outlook deteriorates.

IPO

Prime US REIT closes flat at IPO price on trading debut

SINGAPORE (July 19): Prime US REIT closed flat at its first trading session on the Singapore Exchange on Friday.

IPO

Prime US REIT sets out to attract investors with Class A properties, in-built rental escalation, initial 7.4% yield

(July 15): Prime US Real Estate Investment Trust registered its prospectus on July 8.

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