Equity Analysis /
Singapore

SG : ESR-LOGOS REIT - Multiple growth levers

    Munyee Lock
    Munyee Lock

    Head of Regional Property

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    CGS-CIMB
    27 July 2022
    Published byCGS-CIMB

    1H22 DPU of 1.46 Scts was in line, at 48.7% of our FY22F forecast. Strong portfolio operating metrics, with room for upside from AEIs. Reiterate Add rating with an unchanged TP of S$0.51.