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.
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