Broker Name: CGS International
Date of Report: January 26, 2026
Excerpt from CGS International report.
Report Summary
- Suntec REIT outperformed expectations in 2H/FY25, driven by strong Singapore office and retail rental reversions, moderated debt costs, and robust distribution income.
- The REIT’s management is optimistic for FY26, guiding for continued positive rental reversions, stable overseas portfolio performance, and keeping interest costs low, with a rating upgrade to “Add” and a higher target price of S\$1.58.
above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website:
https://www.cgs-cimb.com
