Suntec City mall

Suntec REIT reports 16.2% y-o-y  growth in DPU to 2.045 cents for 1QFY21 - THE EDGE SINGAPORE

Results

Suntec REIT reports 16.2% y-o-y growth in DPU to 2.045 cents for 1QFY21

Suntec REIT’s distribution per unit (DPU) for the 1QFY2021 ended March grew 16.2% y-o-y to 2.045 from 1.76 cents previously, on the back of higher distributable income which grew 5.4% y-o

'Buy' Suntec REIT on better demand for assets; potential divestments: RHB - THE EDGE SINGAPORE

Broker's Calls

'Buy' Suntec REIT on better demand for assets; potential divestments: RHB

As Singaporeans return to the workplace following the recent relaxation of safe management measures, RHB Group Research analyst Vijay Natarajan believes Suntec REIT will see a boost in de

Suntec REIT reports 21.9% drop in 3Q DPU to 1.848 cents on lower distributable income - THE EDGE SINGAPORE

Results

Suntec REIT reports 21.9% drop in 3Q DPU to 1.848 cents on lower distributable income

The manager of Suntec REIT has reported distribution per unit (DPU) of 1.848 cents for 3QFY2020 ended Sept, some 21.9% lower than the 2.365 cents posted a year ago, on lower distributable income fr

Broker's Calls

Suntec REIT prospects to rebound as workers return to the office

SINGAPORE (June 9): With Phase 2 reopening of Singapore’s “circuit breaker” measures anticipated to take place earlier than expected, DBS Group Research analysts Rachel Tan and Derek Tan have reite

Results

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.

Broker's Calls

Better outlook, but retail environment to remain challenging for Suntec REIT

SINGAPORE (Jan 26): OCBC Investment Research has upgraded its call on Suntec REIT from “sell” back to “hold” and raised its fair value estimate to $1.54 from $1.53 previously, after incorporating t

Results

Suntec REIT posts 5.6% lower 4Q DPU of 2.6 cents; unveils development plans for new commercial building at 9 Penang Road

SINGAPORE (Jan 25): Suntec REIT has declared a distribution per unit (DPU) of 2.6 cents for the fourth quarter ended Dec 2016, 5.6% lower from the previous year’s DPU of 2.75 cents.

Broker's Calls

Southgate offers Suntec REIT new hope

SINGAPORE (Aug 10): CIMB Research is upgrading its “reduce” call on Suntec REIT to “hold” with a higher target price of $1.68 on its latest acquisition.

Suntec REIT: Not seeing sunshine and rainbows

SINGAPORE (July 22): Market watchers are turning cautious on Suntec Real Estate Investment Trust (Suntec REIT), as it reported an unchanged distribution per unit of 2.5 cents for 2QFY2016.

Suntec REIT's 2Q DPU stays flat at 2.5 cents on divestment

SINGAPORE (July 21): ARA Trust Management (Suntec), the manager of Suntec REIT, has declared a DPU of 2.501 cents for 2Q16 ended June, relatively unchanged compared to the DPU of 2.500 cents in 2Q1

×