Lim and Tan:
CDL is currently trading at a 25% discount to its historical NAV and we expect an even wider 40-50% discount to its RNAV as the company does not revalue its assets to current market values. We maintain our “BUY ON WEAKNESS” recommendation on as investors become more jittery about the negative impact from the government’s cooling measures implemented last year and also trade tensions between the US and China.
4 Singapore Industrial REITs Sporting Dividend Yields of 5.7% or Higher
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[image: Mapletree Business City]
The industrial REIT sub-sector is one of the more resilient ones out of all
the REIT sub-sectors.
The post 4 Singapore In...
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