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Brokers' take

Published Fri, Jul 14, 2017 · 09:50 PM
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CapitaLand Commercial Trust > Neutral Close: S$1.68 Target price: S$1.54 Credit Suisse Research, July 14

FURTHER details regarding the redevelopment of Golden Shoe Car Park (GSCP) were finally announced.

The joint venture is targeting a yield on cost of 5 per cent for the development based on office rents of S$12-14 per sq ft per month which we believe may be difficult to achieve as we expect …

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