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Brokers' take

Published Thu, Jul 26, 2018 · 09:50 PM

Suntec Reit | Add Target price: S$2.08 July 26 close: S$1.86 CGS-CIMB, July 25

Suntec Reit reported a 3.7 per cent rise in Q2 revenue to S$90.5 million from last year, thanks to higher contributions from Suntec Convention Singapore and 177 Pacific Highway in Australia, while distributable income remained flat y-o-y.

However, distribution per unit (DPU) of…

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