Singapore Stock Market News
S-REIT - Another stable quarter
StockFanatic
Publish date: Thu, 30 Jan 2014, 11:41 AM
StockFanatic
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1) interest rates were unchanged from the previous quarter,
2) cap rates remained largely stable,
3) the rising labour cost continued to limit the expansion and operational plans of certain retailers, and
4) positive rental reversions were still achieved.
Our top picks for this sub-sector are MCT (Add, TP:S$1.31) and FCT (Add, TP:S$2.05).
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