Suntec City

Broker's Calls

PhillipCapital initiates ‘buy’ on Suntec REIT, calling it ‘the discounted gem’

Analyst Liu Miaomiao has given Suntec REIT a target price of $1.47.

Broker's Calls

Suntec REIT prospects to rebound as workers return to the office

DBS Research Group encourages investors to ride the Suntec REIT wave as circuit breakers slowly begin to lift.

Food & Beverage

Reworking classics

Route 65 offers up Singaporean classics with a twist


Suntec REIT posts 0.5% drop in 4Q DPU to 2.59 cents on higher revenue

SINGAPORE (Jan 23): ARA Trust Management, the manager to Suntec REIT, announced DPU for 4Q18 declined by 0.5% to 2.59 cents, compared to 2.60 cents in 4Q17.


Suntec REIT 3Q DPU up 0.3% to 2.491 cents from a year ago

SINGAPORE (Oct 24): Suntec Real Estate Investment Trust (Suntec REIT) reported a 3Q18 DPU of 2.491 cents, 0.3% higher compared to the DPU of 2.483 cents in 3Q17.


Suntec REIT posts 0.8% lower 2Q DPU of 2.47 cents

SINGAPORE (July 25): ARA Trust Management (Suntec) Limited announced that Suntec REIT’s DPU for 2Q18 had declined by 0.8% to 2.474 cents, compared to 2.493 cents in 2Q17.


Suntec REIT posts 2.3% rise in DPU to 2.425 cents

SINGAPORE (April 26): The manager of Suntec REIT has declared a 1Q17 distribution per unit (DPU) of 2.425 cents, up 2.3% as compared to the 2.371 cents posted in 1Q16.

Broker's Calls

Retail continues to be thorn in Suntec REIT’s side

SINGAPORE (Oct 21): Maybank Kim Eng and CIMB are reiterating their “hold” calls on Suntec REIT after its manager, ARA Trust Management, reported a distribution per unit (DPU) of 2.535 cents for 3Q16, just 0.5% higher than its DPU of 2.522 cents a year