Singapore Stock Market News

Singapore REITs - Rental Upcycle but Growth Fully Priced In

StockFanatic
Publish date: Sat, 30 Jun 2018, 08:58 AM
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We turn incrementally bearish on REITs, cutting our price targets by 8% on average as we believe current valuations imply overly bullish growth in spot rents. Downgrade CCT (OW->EW) and ART (EW->UW).
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