CapitaLand Mall Trust's portfolio metrics, merger benefits yet to be priced in: DBS
Reit to surprise on the upside, adds analyst; its widening yield disparity with retail peers is "too large to ignore"
Singapore
CAPITALAND Mall Trust's (CMT) improving portfolio metrics and merger benefits have not been priced in, thus the real estate investment trust (Reit) is poised to surprise on the upside, DBS Group Research said.
In a report on Wednesday evening, DBS reiterated its "buy" call and target price of S$2.40 on the counter.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Fed repricing gives rise to new equities playbook in Asia
Dasin Retail Trust’s creditor to repossess director’s properties over loan default
Is Jurong Island’s carbon test bed too small and conservative? A*Star institute head thinks not
Tech rally propels emerging stocks to best week since July
Bank of Singapore takes action against employees for misusing medical benefits
UBS weighs synthetic risk transfer amid capital boost proposals