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Brokers' take

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Published Wed, Sep 5, 2018 · 09:50 PM

Singapore Hospitality Trusts | Neutral OCBC Investment Research, Sep 5

Q2 results for the hospitality Singapore real estate investment trusts (S-Reits) under our coverage were all within expectation, albeit many on the lower end.

Q2 distribution per unit year-on-year growth came in flat for Ascott Residence Trust (ART), 2.9 per cent for CDL Hospitality Trusts (CDLHT), 4.1 per cent for Far East Hospitality Trust (FEHT) and -3.3 per cent for OUE Hospitality Trust (OUEHT).

Brokers' Take

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