ESR-REIT Appears to Be Planning More Divestments -- Market Talk

Dow Jones

Jul 14

0311 GMT - ESR-REIT appears to be planning more divestments, RHB Research's Vijay Natarajan says in a research report. The REIT is presently in advanced stages of divesting its non-core hotel assets, the analyst notes. The REIT has identified shorter-lease non-core Singapore assets of around S$300 million-S$400 million, which it intends to divest by next year. There may also be potential interest-cost savings from the refinancing of the REIT's debt due for renewals next year, the analyst adds. However, RHB trims its 2025-2026 distribution-per-unit forecasts for the REIT by 3%-4% to partly reflect new perpetual securities, with an unchanged buy rating. Units are 0.8% higher at S$2.44. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 13, 2025 23:11 ET (03:11 GMT)

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.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2551978402"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2551978402\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2551978402?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-14 11:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2551978402","market":"sh","top_or_hot":-1,"title":"ESR-REIT Appears to Be Planning More Divestments -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0311 GMT - <a href=\"https://laohu8.com/S/01821\">ESR</a>-REIT appears to be planning more divestments, RHB Research's Vijay Natarajan says in a research report. The REIT is presently in advanced stages of divesting its non-core hotel assets, the analyst notes. The REIT has identified shorter-lease non-core Singapore assets of around S$300 million-S$400 million, which it intends to divest by next year. There may also be potential interest-cost savings from the refinancing of the REIT's debt due for renewals next year, the analyst adds. However, RHB trims its 2025-2026 distribution-per-unit forecasts for the REIT by 3%-4% to partly reflect new perpetual securities, with an unchanged buy rating. Units are 0.8% higher at S$2.44. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 13, 2025 23:11 ET (03:11 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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>ESR-REIT Appears to Be Planning More Divestments -- 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\">\nESR-REIT Appears to Be Planning More Divestments -- 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\">2025-07-14 11:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0311 GMT - <a href=\"https://laohu8.com/S/01821\">ESR</a>-REIT appears to be planning more divestments, RHB Research's Vijay Natarajan says in a research report. The REIT is presently in advanced stages of divesting its non-core hotel assets, the analyst notes. The REIT has identified shorter-lease non-core Singapore assets of around S$300 million-S$400 million, which it intends to divest by next year. There may also be potential interest-cost savings from the refinancing of the REIT's debt due for renewals next year, the analyst adds. However, RHB trims its 2025-2026 distribution-per-unit forecasts for the REIT by 3%-4% to partly reflect new perpetual securities, with an unchanged buy rating. Units are 0.8% higher at S$2.44. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 13, 2025 23:11 ET (03:11 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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":"2551978402","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551978402","pubTimestamp":1752462660,"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":"0311 GMT - ESR-REIT appears to be planning more divestments, RHB Research's Vijay Natarajan says in a research report. The REIT is presently in advanced stages of divesting its non-core hotel assets, the analyst notes. The REIT has identified shorter-lease non-core Singapore assets of around S$300 million-S$400 million, which it intends to divest by next year. There may also be potential interest-cost savings from the refinancing of the REIT's debt due for renewals next year, the analyst adds. However, RHB trims its 2025-2026 distribution-per-unit forecasts for the REIT by 3%-4% to partly reflect new perpetual securities, with an unchanged buy rating. Units are 0.8% higher at S$2.44. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6133":"工业房地产信托","BK1216":"多样化房地产活动","9A4U.SI":"ESR REIT","LU0607220059.USD":"SCHRODER ISF HONG KONG EQUITY \"A\" (USD) ACC","REIT":"ALPS Active REIT ETF","LU0149534421.HKD":"SCHRODER ISF HONG KONG EQ \"A\" ACC","01821":"ESR","CFA.SI":"NikkoAM-STC Asia REIT"},"translate_title":"ESR-REIT似乎正在计划更多撤资——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA.SI":1,"01821":1,"9A4U.SI":0.9,"REIT":1},"content_text":"0311 GMT - ESR-REIT appears to be planning more divestments, RHB Research's Vijay Natarajan says in a research report. The REIT is presently in advanced stages of divesting its non-core hotel assets, the analyst notes. The REIT has identified shorter-lease non-core Singapore assets of around S$300 million-S$400 million, which it intends to divest by next year. There may also be potential interest-cost savings from the refinancing of the REIT's debt due for renewals next year, the analyst adds. However, RHB trims its 2025-2026 distribution-per-unit forecasts for the REIT by 3%-4% to partly reflect new perpetual securities, with an unchanged buy rating. Units are 0.8% higher at S$2.44. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 13, 2025 23:11 ET (03:11 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}