0455 GMT - Prime US REIT's portfolio occupancy is expected to ramp up further by end-2026, thanks to healthy leasing enquiries, RHB Research's Vijay Natarajan says in a research report. U.S. office fundamentals are shifting in favor of high-quality Grade-A offices, for which the REIT is a key proxy, the analyst says. The REIT is in the final stages of signing leases on around 50,000-60,000 square feet at Village Center Station I in the U.S., and other assets are seeing leasing interest. Moreover, positive surprises came from an increase in the REIT's dividend payout ratio and higher portfolio valuations in 2H. RHB raises the unit's target price to US$0.28 from US$0.25 with an unchanged buy rating. Units are 2.2% lower at US$0.22. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 12, 2026 23:55 ET (04:55 GMT)
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