3 Singapore Blue-Chip Stocks Touching Their 52-Week Highs: Can Their Run Continue?

The Smart Investor09-04

Happy times have come for the Singapore stock market as the index achieved a six-year high back in early July.Businesses are enjoying good traction along with a sanguine economic outlook.In line with ...

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Ah Bah
·09-04
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EQUITIES \"I\" (SGD) ACC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0414403682.SGD":"Blackrock Asia Pacific Equity Income A5 SGD-H","LU0048573645.USD":"富达东盟基金","LU0251143029.SGD":"Fidelity ASEAN A-SGD","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU1282649810.SGD":"Allianz Asian Multi Income Plus Cl AMg DIS H2-SGD","BK6035":"综合电信业务","LU0955669360.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","LU0738912210.USD":"Blackrock Asia Pacific Equity Income A6 USD","BK6011":"零售业房地产投资信托","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","Z74.SI":"新电信","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU1130305938.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD-H"},"translate_title":"3只新加坡蓝筹股触及52周高点：能否继续上涨？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"Z74.SI":1.1,"H78.SI":1.1,"J69U.SI":1.1},"content_text":"Happy times have come for the Singapore stock market as the index achieved a six-year high back in early July.Businesses are enjoying good traction along with a sanguine economic outlook.In line with this feel-good feeling, many stocks have seen their share prices hit a year-high.Investors may be eyeing the Singapore blue-chip stocks that offer an added layer of stability on top of growth and dividends.We profile three Singapore blue-chip firms that recently scaled their 52-week highs to determine if they can continue to climb.Singtel (SGX: Z74)Singtel is Singapore’s largest telecommunication company (telco) and provides a comprehensive range of services including mobile, broadband, pay TV, data centre, and cybersecurity services.Singtel’s share price recently hit a 52-week high of S$3.13, up 27.8% year-to-date.The telco recently released its business update for the first quarter of fiscal 2025 (1Q FY2025) ending 30 June 2024.The group saw a resilient performance with underlying operating revenue dipping just 1% year on year to S$3.4 billion.Underlying (core) operating profit, however, jumped 16.1% year on year to S$382 million.After accounting for higher finance costs, Singtel posted a 5.4% year-on-year increase in its underlying net profit to S$603 million.Singtel has reaffirmed its FY2025 outlook for a high single-digit to low double-digit year-on-year growth in operating profit (excluding associates’ contributions).It is also on track to realise cost savings of S$200 million from Singtel Singapore and Optus.Management’s promise to pay out a value realisation dividend (VRD) of between S$0.03 to S$0.06 is also on track.Singtel also released its recent Investor Day 2024 slides that detailed its growth plans.It intends to scale Nxera, its data centre division, to more than 200 MW by 2026 with EBITDA (earnings before interest, taxes, depreciation and amortisation) to double by 2028.For NCS, Singtel is eyeing larger markets to bring in revenue for the division.The aim is for 40% of revenue to come from outside Singapore, up from the current 14% for 1Q FY2025.Over time, management is also targeting astute capital recycling and working to simplify holding structures to achieve a better cost structure and realise value for shareholders.Hongkong Land (SGX: H78)Hongkong Land, or HKL, is a property investment, management, and development group.The group owns more than 850,000 square metres of prime office and luxury retail assets in cities such as Singapore, Hong Kong, Beijing, and Jakarta.HKL’s share price hit its 52-week high of US$3.81 recently and is up 8.4% year-to-date.The share price has also rebounded 35% from its 52-week low of US$2.78.For the first half of 2024 (1H 2024), revenue shot up 45% year on year to US$972.4 million with investment properties delivering a solid performance.However, operating profit tumbled 45.5% year on year to US$214.1 million because of non-cash provisions against the carrying value of certain projects in China.The underlying loss came in at US$7 million against an underlying net profit of US$422 million in 1H 2023.Despite the loss, HKL maintained its interim dividend at US$0.06.The group is undergoing a comprehensive strategic review of its overall business strategy and commercial properties and will present a strategy update before the end of this year.Tomorrow’s CENTRAL, a US$1 billion investment to reimagine HKL’s core Hong Kong retail portfolio, is scheduled to commence in phases over the next three years.Over in Shanghai, the property giant will develop its West Bund Project, a district with commercial and residential properties, and plans to open this project in phases from 2024 to 2027.Frasers Centrepoint Trust (SGX: J69U)Frasers Centrepoint Trust, or FCT, is a retail REIT with a portfolio of nine suburban malls and one office building.The REIT’s assets under management stood at around S$7.1 billion as of 31 March 2024.FCT’s unit price touched its 52-week high of S$2.39 recently and is up 5.8% year-to-date.The retail REIT’s shares also rebounded 18.4% from its 52-week low of S$2.01.FCT recently released an encouraging business update for its third quarter of fiscal 2024 (3Q FY2024) ending 30 June 2024.Retail portfolio committed occupancy stayed high at 99.7% while shopper traffic for the quarter registered a 4.1% year-on-year increase.Research firm CBRE expects prime retail rents to sustain its recovery for 2024, potentially giving FCT’s rental reversion a boost.Aggregate leverage stood at 39.1% with an all-in average cost of debt of 4.2%.The REIT has no refinancing risk for the remainder of FY2024 and has almost 16% of its loans coming due in FY2025.Its Tampines 1 asset enhancement initiative (AEI) is on track to be completed this month and has seen 100% committed occupancy.Around 9,000 square feet of net lettable area was created and deployed to prime retail floors.Management is confident of achieving a return on investment of more than 8% for this AEI.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Business Data","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":345771192438912,"gmtCreate":1725422185982,"gmtModify":1725422189336,"author":{"id":"4103242131784560","authorId":"4103242131784560","name":"Ah Bah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4103242131784560","authorIdStr":"4103242131784560"},"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345771192438912","repostId":2464822264,"repostType":2,"repost":{"id":"2464822264","pubTimestamp":1725413700,"share":"https://ttm.financial/m/news/2464822264?lang=&edition=fundamental","pubTime":"2024-09-04 09:35","market":"sg","language":"en","title":"3 Singapore Blue-Chip Stocks Touching Their 52-Week Highs: Can Their Run Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=2464822264","media":"The Smart Investor","summary":"These three blue-chip stocks are seeing their share prices scale a new high. Can they carry on their impressive run?","content":"<html><head></head><body><p>Happy times have come for the Singapore stock market as the index achieved a six-year high back in early July.</p><p>Businesses are enjoying good traction along with a sanguine economic outlook.</p><p>In line with this feel-good feeling, many stocks have seen their share prices hit a year-high.</p><p>Investors may be eyeing the Singapore blue-chip stocks that offer an added layer of stability on top of growth and dividends.</p><p>We profile three Singapore blue-chip firms that recently scaled their 52-week highs to determine if they can continue to climb.</p><h2 id=\"id_2461596140\">Singtel (SGX: Z74)</h2><p>Singtel is Singapore’s largest telecommunication company (telco) and provides a comprehensive range of services including mobile, broadband, pay TV, data centre, and cybersecurity services.</p><p>Singtel’s share price recently hit a 52-week high of S$3.13, up 27.8% year-to-date.</p><p>The telco recently released its business update for the first quarter of fiscal 2025 (1Q FY2025) ending 30 June 2024.</p><p>The group saw a resilient performance with underlying operating revenue dipping just 1% year on year to S$3.4 billion.</p><p>Underlying (core) operating profit, however, jumped 16.1% year on year to S$382 million.</p><p>After accounting for higher finance costs, Singtel posted a 5.4% year-on-year increase in its underlying net profit to S$603 million.</p><p>Singtel has reaffirmed its FY2025 outlook for a high single-digit to low double-digit year-on-year growth in operating profit (excluding associates’ contributions).</p><p>It is also on track to realise cost savings of S$200 million from Singtel Singapore and Optus.</p><p>Management’s promise to pay out a value realisation dividend (VRD) of between S$0.03 to S$0.06 is also on track.</p><p>Singtel also released its recent Investor Day 2024 slides that detailed its growth plans.</p><p>It intends to scale Nxera, its data centre division, to more than 200 MW by 2026 with EBITDA (earnings before interest, taxes, depreciation and amortisation) to double by 2028.</p><p>For NCS, Singtel is eyeing larger markets to bring in revenue for the division.</p><p>The aim is for 40% of revenue to come from outside Singapore, up from the current 14% for 1Q FY2025.</p><p>Over time, management is also targeting astute capital recycling and working to simplify holding structures to achieve a better cost structure and realise value for shareholders.</p><h2 id=\"id_632033753\">Hongkong Land (SGX: H78)</h2><p>Hongkong Land, or HKL, is a property investment, management, and development group.</p><p>The group owns more than 850,000 square metres of prime office and luxury retail assets in cities such as Singapore, Hong Kong, Beijing, and Jakarta.</p><p>HKL’s share price hit its 52-week high of US$3.81 recently and is up 8.4% year-to-date.</p><p>The share price has also rebounded 35% from its 52-week low of US$2.78.</p><p>For the first half of 2024 (1H 2024), revenue shot up 45% year on year to US$972.4 million with investment properties delivering a solid performance.</p><p>However, operating profit tumbled 45.5% year on year to US$214.1 million because of non-cash provisions against the carrying value of certain projects in China.</p><p>The underlying loss came in at US$7 million against an underlying net profit of US$422 million in 1H 2023.</p><p>Despite the loss, HKL maintained its interim dividend at US$0.06.</p><p>The group is undergoing a comprehensive strategic review of its overall business strategy and commercial properties and will present a strategy update before the end of this year.</p><p>Tomorrow’s CENTRAL, a US$1 billion investment to reimagine HKL’s core Hong Kong retail portfolio, is scheduled to commence in phases over the next three years.</p><p>Over in Shanghai, the property giant will develop its West Bund Project, a district with commercial and residential properties, and plans to open this project in phases from 2024 to 2027.</p><h2 id=\"id_3145050648\">Frasers Centrepoint Trust (SGX: J69U)</h2><p>Frasers Centrepoint Trust, or FCT, is a retail REIT with a portfolio of nine suburban malls and one office building.</p><p>The REIT’s assets under management stood at around S$7.1 billion as of 31 March 2024.</p><p>FCT’s unit price touched its 52-week high of S$2.39 recently and is up 5.8% year-to-date.</p><p>The retail REIT’s shares also rebounded 18.4% from its 52-week low of S$2.01.</p><p>FCT recently released an encouraging business update for its third quarter of fiscal 2024 (3Q FY2024) ending 30 June 2024.</p><p>Retail portfolio committed occupancy stayed high at 99.7% while shopper traffic for the quarter registered a 4.1% year-on-year increase.</p><p>Research firm CBRE expects prime retail rents to sustain its recovery for 2024, potentially giving FCT’s rental reversion a boost.</p><p>Aggregate leverage stood at 39.1% with an all-in average cost of debt of 4.2%.</p><p>The REIT has no refinancing risk for the remainder of FY2024 and has almost 16% of its loans coming due in FY2025.</p><p>Its Tampines 1 asset enhancement initiative (AEI) is on track to be completed this month and has seen 100% committed occupancy.</p><p>Around 9,000 square feet of net lettable area was created and deployed to prime retail floors.</p><p>Management is confident of achieving a return on investment of more than 8% for this AEI.</p></body></html>","source":"thesmartinvestor_highlight","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>3 Singapore Blue-Chip Stocks Touching Their 52-Week Highs: Can Their Run Continue?</title>\n<style 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}\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\">\n3 Singapore Blue-Chip Stocks Touching Their 52-Week Highs: Can Their Run Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-04 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/3-singapore-blue-chip-stocks-touching-their-52-week-highs-can-their-run-continue/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Happy times have come for the Singapore stock market as the index achieved a six-year high back in early July.Businesses are enjoying good traction along with a sanguine economic outlook.In line with ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/3-singapore-blue-chip-stocks-touching-their-52-week-highs-can-their-run-continue/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK6512":"房地产股","LU0315179316.USD":"EASTSPRING INVESTMENTS ASIAN DYNAMIC \"A\" (USD) ACC","J69U.SI":"星狮地产信托","LU0235996351.USD":"UBS (LUX) KEY SELECTION SICAV - ASIAN EQUITY (USD) \"P\" (USD) ACC","SG9999001127.SGD":"United Singapore Growth Fund SGD","LU0630378429.USD":"HSBC GIF ASIA PACIFIC EX JAPAN EQ HD \"AM2\" (USD) INC","SG9999002406.SGD":"利安新加坡信托基金","LU0762542818.HKD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM\" (HKD) INC","LU0197773160.USD":"HSBC GIF ASIA PACIF EX JAPAN EQ HD \"AC\" ACC","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU0197773673.USD":"HSBC GIF ASIA PACIF EX JAPAN EQ HD \"AS\" (USD) INC","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","BK4563":"昨日强势股","LU0577902298.EUR":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (EUR) ACC","BK4024":"房地产开发","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","LU0762541174.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM2\" (USD) INC","LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","H78.SI":"置地控股有限公司","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","BK6139":"房地产运营公司","SG9999001135.SGD":"United ASEAN Fund SGD","BK6513":"电信服务股","BK6137":"零售房地产信托","LU0163747925.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY A ACC","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0414403682.SGD":"Blackrock Asia Pacific Equity Income A5 SGD-H","LU0048573645.USD":"富达东盟基金","LU0251143029.SGD":"Fidelity ASEAN A-SGD","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU1282649810.SGD":"Allianz Asian Multi Income Plus Cl AMg DIS H2-SGD","BK6035":"综合电信业务","LU0955669360.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","LU0738912210.USD":"Blackrock Asia Pacific Equity Income A6 USD","BK6011":"零售业房地产投资信托","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","Z74.SI":"新电信","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU1130305938.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD-H"},"source_url":"https://thesmartinvestor.com.sg/3-singapore-blue-chip-stocks-touching-their-52-week-highs-can-their-run-continue/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2464822264","content_text":"Happy times have come for the Singapore stock market as the index achieved a six-year high back in early July.Businesses are enjoying good traction along with a sanguine economic outlook.In line with this feel-good feeling, many stocks have seen their share prices hit a year-high.Investors may be eyeing the Singapore blue-chip stocks that offer an added layer of stability on top of growth and dividends.We profile three Singapore blue-chip firms that recently scaled their 52-week highs to determine if they can continue to climb.Singtel (SGX: Z74)Singtel is Singapore’s largest telecommunication company (telco) and provides a comprehensive range of services including mobile, broadband, pay TV, data centre, and cybersecurity services.Singtel’s share price recently hit a 52-week high of S$3.13, up 27.8% year-to-date.The telco recently released its business update for the first quarter of fiscal 2025 (1Q FY2025) ending 30 June 2024.The group saw a resilient performance with underlying operating revenue dipping just 1% year on year to S$3.4 billion.Underlying (core) operating profit, however, jumped 16.1% year on year to S$382 million.After accounting for higher finance costs, Singtel posted a 5.4% year-on-year increase in its underlying net profit to S$603 million.Singtel has reaffirmed its FY2025 outlook for a high single-digit to low double-digit year-on-year growth in operating profit (excluding associates’ contributions).It is also on track to realise cost savings of S$200 million from Singtel Singapore and Optus.Management’s promise to pay out a value realisation dividend (VRD) of between S$0.03 to S$0.06 is also on track.Singtel also released its recent Investor Day 2024 slides that detailed its growth plans.It intends to scale Nxera, its data centre division, to more than 200 MW by 2026 with EBITDA (earnings before interest, taxes, depreciation and amortisation) to double by 2028.For NCS, Singtel is eyeing larger markets to bring in revenue for the division.The aim is for 40% of revenue to come from outside Singapore, up from the current 14% for 1Q FY2025.Over time, management is also targeting astute capital recycling and working to simplify holding structures to achieve a better cost structure and realise value for shareholders.Hongkong Land (SGX: H78)Hongkong Land, or HKL, is a property investment, management, and development group.The group owns more than 850,000 square metres of prime office and luxury retail assets in cities such as Singapore, Hong Kong, Beijing, and Jakarta.HKL’s share price hit its 52-week high of US$3.81 recently and is up 8.4% year-to-date.The share price has also rebounded 35% from its 52-week low of US$2.78.For the first half of 2024 (1H 2024), revenue shot up 45% year on year to US$972.4 million with investment properties delivering a solid performance.However, operating profit tumbled 45.5% year on year to US$214.1 million because of non-cash provisions against the carrying value of certain projects in China.The underlying loss came in at US$7 million against an underlying net profit of US$422 million in 1H 2023.Despite the loss, HKL maintained its interim dividend at US$0.06.The group is undergoing a comprehensive strategic review of its overall business strategy and commercial properties and will present a strategy update before the end of this year.Tomorrow’s CENTRAL, a US$1 billion investment to reimagine HKL’s core Hong Kong retail portfolio, is scheduled to commence in phases over the next three years.Over in Shanghai, the property giant will develop its West Bund Project, a district with commercial and residential properties, and plans to open this project in phases from 2024 to 2027.Frasers Centrepoint Trust (SGX: J69U)Frasers Centrepoint Trust, or FCT, is a retail REIT with a portfolio of nine suburban malls and one office building.The REIT’s assets under management stood at around S$7.1 billion as of 31 March 2024.FCT’s unit price touched its 52-week high of S$2.39 recently and is up 5.8% year-to-date.The retail REIT’s shares also rebounded 18.4% from its 52-week low of S$2.01.FCT recently released an encouraging business update for its third quarter of fiscal 2024 (3Q FY2024) ending 30 June 2024.Retail portfolio committed occupancy stayed high at 99.7% while shopper traffic for the quarter registered a 4.1% year-on-year increase.Research firm CBRE expects prime retail rents to sustain its recovery for 2024, potentially giving FCT’s rental reversion a boost.Aggregate leverage stood at 39.1% with an all-in average cost of debt of 4.2%.The REIT has no refinancing risk for the remainder of FY2024 and has almost 16% of its loans coming due in FY2025.Its Tampines 1 asset enhancement initiative (AEI) is on track to be completed this month and has seen 100% committed occupancy.Around 9,000 square feet of net lettable area was created and deployed to prime retail floors.Management is confident of achieving a return on investment of more than 8% for this AEI.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":5,"commentSize":1,"repostSize":2,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}