0708 GMT - Centurion Accommodation REIT stands to benefit from multi-year sector tailwinds, CGS International analysts say in a research report. These include the construction upcycle in Singapore and robust demand for purpose-built student accommodation in the U.K. and Australia, the analysts say. The REIT's portfolio stands at S$2.1 billion as of January 2026, with around 64% comprising purpose-built workers accommodation in Singapore and 36% comprising PBSA in the U.K. and Australia. CGS International likes the REIT for its strong and visible distribution-per-unit growth and potential for inorganic and organic opportunities. It initiates coverage of the REIT with an add rating and a target price of S$1.38. Units are 3.6% higher at S$1.14. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
January 22, 2026 02:08 ET (07:08 GMT)
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