CapitaLand China Trust's Near-Term Outlook Appears Stable -- Market Talk

Dow Jones04-23 13:32

0532 GMT - CapitaLand China Trust's near-term outlook appears stable, say DBS Group Research analysts in commentary. The real-estate investment trust's occupancy was broadly unchanged in 1Q despite a decline in rents renewed, which suggests resilient underlying demand, they say, Its logistics portfolio is showing early signs that its rent rates are bottoming, they say. Still, the analysts continue to watch for a clearer inflection point, which may take longer to materialize given geopolitical tensions, inflation uncertainty and muted leasing sentiment. DBS maintains its hold rating and S$0.75 target price. Units rise 0.7% to S$0.685. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

April 23, 2026 01:32 ET (05:32 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment