Suntec Real Estate Investment Trust
T82U: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%% | LOCK|?Y^ | LOCK|Sb>#gg |
Suntec REIT Earnings: Distribution Beat on Lower Financing Cost; Valuation Raised by 20%
Suntec REIT's fourth-quarter distribution per unit rose 33.9% year on year to SGD 0.02102. The growth was driven by stronger operating performance in the Singapore portfolio and lower financing costs, offset by weaker performance in the overseas portfolio.
