In 2024, REITs performed poorly with the FTSE REIT index dropping more than 11% to close the year at 641.12 points. This is due to expectations that FED may halt [ read more...]
Excerpts from Maybank report Oversea-Chinese Banking Corporation (SGX: O39) Good execution, but need more clarity on capital OCBC Bank 9M24 core-earnings were ahead of MIBG/Street. NoII is making a strong [ read more...]
Happy new year everyone! In 2024, the Straits Times Index performed relatively well and was up more than 20%. However, the rise was primarily led by banks and other blue [ read more...]
Excerpts from OCBC Investment Research report CapitaLand Integrated Commercial Trust (SGX: C38U) CapitaLand Integrated Commercial Trust 3Q24 net property income (NPI) increased 5.4% yearon-year (YoY) to SGD289.8m Healthy rental reversions [ read more...]