UI Boustead REIT's Strong Earnings Visibility Buoyed by Organic Income Growth -- Market Talk
Dow Jones05-21 12:52
0452 GMT - UI Boustead Real Estate Investment Trust's strong earnings visibility seems supported by organic income growth, say DBS Group Research's Dale Lai and Derek Tan in a note. Around 70% of the logistics and industrial-focused REIT's leases have built-in rent increases, the analysts note. This could support around 5.7% distributable income growth in FY 2026-FY 2027, they add. Rising occupancy across several properties could also support income gains, they say. DBS starts coverage of UI Boustead REIT with a buy rating and S$1.05 target price. Units rise 0.65% to S$0.775. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
May 21, 2026 00:52 ET (04:52 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