Suntec Real Estate Investment Trust
T82U: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|#! | LOCK|lJv | LOCK|l$nmJVr |
Suntec REIT: Solid Quarter Led by Singapore Office and Retail Assets; Units Undervalued
Suntec REIT’s first-quarter distribution per unit grew 23.9% year on year, supported by stronger operating performance from its Singapore retail and office assets, lower financing costs, and the absence of an Australia withholding tax provision that was booked a year ago.
