Religare Capital Markets

Roxy Pacific’s latest River Valley condo expected to follow Martin Modern’s pricing strategy: Religare

SINGAPORE (Aug 8): Roxy Pacific’s pricing strategy for its latest planned River Valley freehold condo should follow Martin Modern, says Religare Capital Markets.

ESR-REIT and Sabana REIT to create bigger, more liquid and investable entity: Religare

SINGAPORE (Aug 8): Religare Capital Markets says the amalgamation of ESR-REIT and Sabana REIT will create a bigger, more liquid and investable REIT.

Broker's Calls

Here’s why Religare expects Suntec REIT’s DPU to remain stable

SINGAPORE (July 26): Religare Capital Markets says Suntec REIT’s 2Q results are in line with expectations, with revenue and distribution per unit (DPU) accounting for 25.7% and 24.8% of its full-year estimates, respectively.

Broker's Calls

Viva Industrial’s DPS likely to keep growing after ‘stellar’ 2Q

SINGAPORE (July 26): Religare Capital Markets says Viva Industrial Trust (VIT) is likely to see continued growth ahead, following “another stellar quarter” with multiple growth avenues.

Broker's Calls

Mapletree Industrial Trust kept at ‘buy’ with $1.90 target on positive outlook, undemanding valuation

SINGAPORE (July 26): Religare Capital Markets is maintaining its “buy” on Mapletree Industrial Trust (MINT) with an unchanged target price of $1.90, given its positive outlook and undemanding valuation.

Broker's Calls

Golden Shoe to cause short-term bruising for CapitaLand Commercial Trust

SINGAPORE (July 14): CapitaLand Commercial Trust’s redevelopment plan for Golden Shoe Carpark though exciting in the long run, is expected to put pressure to near-term DPU, particularly after factoring in the recent sales of properties, says Religare.

Gordon Tang of Singhaiyi becomes substantial unitholder in OUE C-REIT

SINGAPORE (March 20): Chinese tycoon Gordon Tang has emerged as a substantial shareholder in OUE Commercial REIT (OUE C-REIT).

OUE Commercial REIT to raise $150 mil to pay down debt

SINGAPORE (March 9): OUE Commercial REIT has launched a placement exercise to issue 233.3 million units at 64.3 cents each to raise gross proceeds of $150 million.

Broker's Calls

Rights issue ‘dilutive to yield and NAV’ for Ascott REIT: Religare

SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise $442.7 million for the purchase of three properties in Germany and Singapore will be dilutive to both yield and net asset value (NAV) of the REIT, according to a note by Religare Cap

Broker's Calls

CapitaGreen saves the day for CCT

SINGAPORE (Jan 18): It was CapitaGreen that saved the day for CapitaLand Commercial Trust (CCT) in a softening market outlook, says Religare Capital Markets.