Trading Buy
Share price may exceed 15 per cent over the next 3 months; however, longer-term outlook remains uncertain
Neutral
Share price may fall within the range of +/- 10 per cent over the next 12 months
Take Profit
Sell
Share price may fall by over 10 per cent over the next 12 months
Most of the brokers give their rating based on the stock’s expected total return , which considers a company’s share price appreciation plus its dividends.
The eagle-eyed ones would have also noticed that the broker ratings are given over a 12-month time frame.
If you are an investor, a one-year period is too short in my opinion.
RENTAL reversions at Capitaland Integrated Commercial Trust (CICT)’s malls were a negative 6.6 per cent in FY20, but CEO of the manager Tony Tan hopes that this is the bottom for the Reit Read more at The Business Times.
Mingtiandi
Username
CapitaSpring, a $1.3 billion mixed-use project in Singapore’s Raffles Place commercial hub, has achieved its full height of 280 metres (919 feet), according to an announcement by its owners.
Now 75 percent complete in terms of overall construction, the 51-storey development is on track to receive a temporary occupation permit in the second half of 2021. CapitaSpring is a joint venture of Singaporean developer CapitaLand, its REIT affiliate CapitaLand Integrated Commercial Trust (CICT) and Japan’s Mitsubishi Estate Co.
Tenants including JP Morgan Chase have already pre-committed to move into the building, with the tower’s owners indicating that about 38 percent of CapitaSpring’s 647,000 square feet (60,108 square metres) of net lettable area (NLA) has already been spoken for. When factoring in leases in advanced negotiations, the development is on track to achieve more than 60 percent commitment by completion.
January 14, 2021
Pexels
It has changed our lives in many ways that we would have never thought of.
Due to the pandemic, the stock market this year has been on a rollercoaster ride as well, plunging quickly and recovering just as fast, especially for the US market.
It took just 16 trading days for the S&P 500 index to fall 20 per cent from a then-record high the quickest descent into a bear market since July 1933.
After that, the index rose around 63per cent from its March bottom to set a new record, closing at 3,756.07 on Dec 31, 2020. For the whole year, the S&P 500 index increased by an impressive 16.3 per cent.
Mingtiandi
Username
CapitaSpring will add 650,000 square feet of office space to the Singapore market upon completion in 2021
Despite a downturn in leasing this year due to the COVID-19 pandemic, property consultancy CBRE says office rents in Singapore are likely to rise in the second half of 2021, driven by a limited supply of new Grade A space and strong demand from Chinese tech firms and non-bank financial service providers.
Five new projects are set for completion next year, adding 1.23 million square feet (114,271 square metres) to the overall office supply, CBRE said in a release. The five projects include only one Grade A office development, CapitaSpring, which will add 650,000 square feet of office stock to the core CBD market.