Broker Name: Lim & Tan Securities
Date of Report: 06 October 2025
Excerpt from Lim & Tan Securities report.
- Stoneweg EREIT Upgrade: Fitch Ratings upgraded Stoneweg EREIT’s credit rating to ‘BBB’ from ‘BBB-’, reflecting improved portfolio quality, steady leverage, and disciplined asset recycling. The REIT is recommended for accumulation due to its attractive yield, valuation, and upside potential.
- Singapore Hotel Sector: Hotels in Singapore are seeing higher occupancy and room rates during the F1 Grand Prix weekend, with strong demand supported by international visitors and coinciding with China’s Golden Week. Hospitality REITs like Far East Hospitality Trust are expected to benefit from this trend.
- China Clean Tech Dominance: Western venture capitalists have acknowledged China’s overwhelming lead in clean technology sectors, making some Western investments unviable. China’s dominance includes solar panels, wind turbines, EVs, and batteries, backed by cost and supply chain advantages.
- Institutional & Retail Fund Flows: For the week of 22 September 2025, institutional investors in Singapore were net sellers, while retail investors were net buyers. Sector fund flows showed financial services and REITs were among the most traded sectors.
- Corporate Actions: The report lists major share acquisitions, disposals, and buybacks among SGX-listed companies, and highlights upcoming dividend payouts and watch-list companies.
Report Summary:
- Stoneweg EREIT receives a credit rating upgrade, supported by asset enhancements and disposals, and is recommended for accumulation.
- Singapore hotels benefit from strong F1-related demand and higher room rates, boosting hospitality REIT prospects.
- China’s clean-tech sector dominance is reshaping Western investment strategies, with VCs shifting away from competing sectors.
- Fund flows indicate institutional selling and retail buying; financial services and REITs are active sectors.
- Corporate transactions and dividend schedules for key SGX-listed companies are outlined.
Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website:
https://www.limtan.com.sg
