Starhill Global REIT's Operating Metrics Show Much Stronger Resilience -- Market Talk

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Starhill Global REIT's Operating Metrics Show Much Stronger Resilience -- Market Talk

Dow Jones2023-08-10

0315 GMT - Starhill Global REIT's operating metrics show much stronger resilience, RHB Research analyst Vijay Natarajan says in a report, noting its FY 2023 results. The REIT has full committed occupancy for its Singapore retail and office assets, and a positive outlook for rents, the analyst says. Negotiations on its master leases with Toshin Development are progressing well, with extension and rents likely to be better than existing terms, the analyst adds. Importantly, around 84% of its debts are hedged with no immediate refinancing needs until 2H 2024, putting the REIT in a better position against rising rates, the analyst adds. RHB raises the unit's rating to buy from neutral and the target price to S$0.56 from S$0.55. Units are unchanged at S$0.495. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

August 09, 2023 23:16 ET (03:16 GMT)

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LianHin
·2023-09-16
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Importantly, around 84% of its debts are hedged with no immediate refinancing needs until 2H 2024, putting the REIT in a better position against rising rates, the analyst adds. RHB raises the unit's rating to buy from neutral and the target price to S$0.56 from S$0.55. Units are unchanged at S$0.495. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 09, 2023 23:16 ET (03:16 GMT)\n</p>\n<p>\n  Copyright (c) 2023 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>Starhill Global REIT's Operating Metrics Show Much Stronger Resilience -- 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\">\nStarhill Global REIT's Operating Metrics Show Much Stronger Resilience -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-10 11:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0315 GMT - Starhill Global REIT's operating metrics show much stronger resilience, RHB Research analyst Vijay Natarajan says in a report, noting its FY 2023 results. The REIT has full committed ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6512","symbol_name":"房地产股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2358585790","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2358585790","pubTimestamp":1691637360,"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":"0315 GMT - Starhill Global REIT's operating metrics show much stronger resilience, RHB Research analyst Vijay Natarajan says in a report, noting its FY 2023 results. 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(ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 09, 2023 23:16 ET (03:16 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":220434702254120,"gmtCreate":1694838408732,"gmtModify":1694838413313,"author":{"id":"3572377913685934","authorId":"3572377913685934","name":"LianHin","avatar":"https://static.tigerbbs.com/0564df9bae4cecc584f8ca74257d30c3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3572377913685934","idStr":"3572377913685934"},"htmlText":"Thanks for sharing","listText":"Thanks for sharing","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/220434702254120","repostId":2358585790,"repostType":2,"repost":{"id":"2358585790","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1691637360,"share":"https://ttm.financial/m/news/2358585790?lang=&edition=fundamental","pubTime":"2023-08-10 11:16","market":"us","language":"en","title":"Starhill Global REIT's Operating Metrics Show Much Stronger Resilience -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2358585790","media":"Dow Jones","summary":"0315 GMT - Starhill Global REIT's operating metrics show much stronger resilience, RHB Research analyst Vijay Natarajan says in a report, noting its FY 2023 results. The REIT has full committed occupancy for its Singapore retail and office assets, and a positive outlook for rents, the analyst says. Negotiations on its master leases with Toshin Development are progressing well, with extension and rents likely to be better than existing terms, the analyst adds. Importantly, around 84% of its debts are hedged with no immediate refinancing needs until 2H 2024, putting the REIT in a better position against rising rates, the analyst adds. RHB raises the unit's rating to buy from neutral and the target price to S$0.56 from S$0.55. Units are unchanged at S$0.495. ","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0315 GMT - Starhill Global REIT's operating metrics show much stronger resilience, RHB Research analyst Vijay Natarajan says in a report, noting its FY 2023 results. The REIT has full committed occupancy for its Singapore retail and office assets, and a positive outlook for rents, the analyst says. Negotiations on its master leases with Toshin Development are progressing well, with extension and rents likely to be better than existing terms, the analyst adds. Importantly, around 84% of its debts are hedged with no immediate refinancing needs until 2H 2024, putting the REIT in a better position against rising rates, the analyst adds. RHB raises the unit's rating to buy from neutral and the target price to S$0.56 from S$0.55. Units are unchanged at S$0.495. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 09, 2023 23:16 ET (03:16 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"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>Starhill Global REIT's Operating Metrics Show Much Stronger Resilience -- 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\">\nStarhill Global REIT's Operating Metrics Show Much Stronger Resilience -- 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\">2023-08-10 11:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0315 GMT - Starhill Global REIT's operating metrics show much stronger resilience, RHB Research analyst Vijay Natarajan says in a report, noting its FY 2023 results. The REIT has full committed occupancy for its Singapore retail and office assets, and a positive outlook for rents, the analyst says. Negotiations on its master leases with Toshin Development are progressing well, with extension and rents likely to be better than existing terms, the analyst adds. Importantly, around 84% of its debts are hedged with no immediate refinancing needs until 2H 2024, putting the REIT in a better position against rising rates, the analyst adds. RHB raises the unit's rating to buy from neutral and the target price to S$0.56 from S$0.55. Units are unchanged at S$0.495. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 09, 2023 23:16 ET (03:16 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK6011":"零售业房地产投资信托","BK6137":"零售房地产信托","REIT":"ALPS Active REIT ETF","BK6512":"房地产股","P40U.SI":"升禧环球房地产投资信托"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2358585790","content_text":"0315 GMT - Starhill Global REIT's operating metrics show much stronger resilience, RHB Research analyst Vijay Natarajan says in a report, noting its FY 2023 results. The REIT has full committed occupancy for its Singapore retail and office assets, and a positive outlook for rents, the analyst says. Negotiations on its master leases with Toshin Development are progressing well, with extension and rents likely to be better than existing terms, the analyst adds. Importantly, around 84% of its debts are hedged with no immediate refinancing needs until 2H 2024, putting the REIT in a better position against rising rates, the analyst adds. RHB raises the unit's rating to buy from neutral and the target price to S$0.56 from S$0.55. Units are unchanged at S$0.495. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 09, 2023 23:16 ET (03:16 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":2,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}