0144 GMT - Daiwa House Logistics Trust's relatively attractive estimated forward yield of 7.7% keeps DBS Group Research bullish on its units. The REIT's nine-month earnings were marginally lower on year due to higher financing costs and lower portfolio occupancies, analysts Dale Lai and Derek Tan write in commentary. A depreciating yen on an on-year basis is likely to weigh on the REIT's full-year earnings, they say. Still, full-year income contributions from recent acquisitions and the progressive backfilling of vacancies should support Daiwa House Logistics' earnings stability. DBS maintains a buy rating and target of S$0.63. Units fall 0.9% to S$0.57. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
November 11, 2025 20:44 ET (01:44 GMT)
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