Singapore Stock Market News

SPH REIT - Post-results feedback

StockFanatic
Publish date: Wed, 16 Jul 2014, 11:25 AM
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The key issues discussed during the investor luncheon we hosted following SPH REIT's 3QFY14 results were:

1) the potential AEIs at Paragon, which could add c.10,000 sq ft of NLA,

2) rental outlook for both the retail mall and medical suites at Paragon, and

3) the potential acquisition of Seletar Mall. We remain confident that SPH REIT will continue to expand, while offering sustainable returns to investors.

Maintain Add and target price of S$1.09.
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