TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Daiwa House Logistics Trust ( (SG:DHLU) ) just unveiled an announcement.
Daiwa House Logistics Trust has announced the renewal of an existing loan facility managed by HSBC Institutional Trust Services. The renewal includes specific conditions that require Daiwa House Asset Management Asia to remain as the manager and a subsidiary of Daiwa House Industry Co., Ltd., which must maintain a minimum 10% unitholding in the trust. The loan facility, a revolving credit facility of up to SGD 30 million, remains undrawn as of May 2025. The announcement underscores the trust’s stable financial management and its commitment to maintaining strategic partnerships, which are crucial for its operations and stakeholder confidence.
The most recent analyst rating on (SG:DHLU) stock is a Buy with a S$0.70 price target. To see the full list of analyst forecasts on Daiwa House Logistics Trust stock, see the SG:DHLU Stock Forecast page.
More about Daiwa House Logistics Trust
Daiwa House Logistics Trust is a real estate investment trust established under the laws of Singapore and managed by Daiwa House Asset Management Asia Pte. Ltd. The trust focuses on logistics properties and is part of the broader Daiwa House Industry Co., Ltd., a Japanese company.
Average Trading Volume: 332,749
Technical Sentiment Signal: Hold
Current Market Cap: S$394.9M
Find detailed analytics on DHLU stock on TipRanks’ Stock Analysis page.