OCBC Investment Research has downgraded its recommendation of ESR-Reit to"hold" due to a rally in the industrial Reit's unit price since the brokerage initiated coverage in December 2018.
On the rental income from Hyflux Membrane's tenancy at 8 Tuas South Lane, Ms Ong said there are mitigating factors for the Reit.
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Stocks to watch: OUE, OUE C-Reit, UOB, Tuan Sing HoldingsTHE following companies saw new developments that may affect trading of their shares on Tuesday: Read more at The Business Times.
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OUE Commercial Reit, OUE Hospitality Trust in proposed merger by trust schemeProperty field_blurb Read more at The Business Times.
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