SINGAPORE (Nov 30): OCBC Investment Research is maintaining its “Neutral” rating on Singapore REITs (S-REITs), as it projects a 2.8% DPU growth for S-REITs in the next financial year.
In the 3Q calendar year (CQ) earnings season this year, all 24 of the S-REITs under the research house’s coverage recorded results that met its expectations.
However, overall DPU growth dipped marginally by 0.2% y-o-y, dragged down largely by...(click on link for full story on theedgesingapore.com)