UI Boustead REIT's New Project Could Boost Distributions From FY 2029 -- Market Talk

Dow Jones05-28

0159 GMT - UI Boustead REIT's new development project is likely to boost its distributions from FY 2029, says UOB Kay Hian's Jonathan Koh in a note. The real-estate investment trust is taking a 51% stake in the development of a build-to-suit integrated aerospace facility in Singapore, which should improve its exposure to the aerospace and automotive sectors, the analyst says. The project is likely to start contributing from 1Q FY 2029, the analyst adds. Another asset in development in Japan could also help boost results from 1Q FY 2028. UOB KH therefore raises its FY 2029 distribution per unit projection by 3.0% to 7.3 Singapore cents. The brokerage lifts its target price to S$1.17 from S$1.13 and retains a buy rating. Units rise 2.55% to S$0.805. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 27, 2026 21:59 ET (01:59 GMT)

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Another asset in development in Japan could also help boost results from 1Q FY 2028. UOB KH therefore raises its FY 2029 distribution per unit projection by 3.0% to 7.3 Singapore cents. The brokerage lifts its target price to S$1.17 from S$1.13 and retains a buy rating. Units rise 2.55% to S$0.805. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 27, 2026 21:59 ET (01:59 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UI Boustead REIT's New Project Could Boost Distributions From FY 2029 -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUI Boustead REIT's New Project Could Boost Distributions From FY 2029 -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-28 09:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0159 GMT - UI Boustead REIT's new development project is likely to boost its distributions from FY 2029, says UOB Kay Hian's Jonathan Koh in a note. The real-estate investment trust is taking a 51% stake in the development of a build-to-suit integrated aerospace facility in Singapore, which should improve its exposure to the aerospace and automotive sectors, the analyst says. The project is likely to start contributing from 1Q FY 2029, the analyst adds. Another asset in development in Japan could also help boost results from 1Q FY 2028. UOB KH therefore raises its FY 2029 distribution per unit projection by 3.0% to 7.3 Singapore cents. The brokerage lifts its target price to S$1.17 from S$1.13 and retains a buy rating. Units rise 2.55% to S$0.805. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 27, 2026 21:59 ET (01:59 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6133","symbol_name":"工业房地产信托","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2638655832","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2638655832","pubTimestamp":1779933540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0159 GMT - UI Boustead REIT's new development project is likely to boost its distributions from FY 2029, says UOB Kay Hian's Jonathan Koh in a note. 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The real-estate investment trust is taking a 51% stake in the development of a build-to-suit integrated aerospace facility in Singapore, which should improve its exposure to the aerospace and automotive sectors, the analyst says. The project is likely to start contributing from 1Q FY 2029, the analyst adds. Another asset in development in Japan could also help boost results from 1Q FY 2028. UOB KH therefore raises its FY 2029 distribution per unit projection by 3.0% to 7.3 Singapore cents. The brokerage lifts its target price to S$1.17 from S$1.13 and retains a buy rating. Units rise 2.55% to S$0.805. 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