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The latest update is out from ESR-REIT ( (SG:9A4U) ).
ESR-REIT has announced the proposed divestment of a portfolio of eight industrial properties in Singapore to third-party purchasers managed by affiliates of Brookfield Asset Management. The divestment, valued at S$338.1 million, is expected to be completed in phases, with most properties transferring ownership by the second quarter of 2026, and the final property by the third quarter of 2026. This strategic move could impact ESR-REIT’s operational focus and market positioning, potentially affecting stakeholders involved.
The most recent analyst rating on (SG:9A4U) stock is a Buy with a S$3.64 price target. To see the full list of analyst forecasts on ESR-REIT stock, see the SG:9A4U Stock Forecast page.
More about ESR-REIT
ESR-REIT is a real estate investment trust based in Singapore, focusing on industrial properties. Its primary services include managing and investing in a diversified portfolio of industrial properties across Singapore.
YTD Price Performance: 13.22%
Average Trading Volume: 1,062,782
Technical Sentiment Signal: Buy
Current Market Cap: S$2.2B
For an in-depth examination of 9A4U stock, go to TipRanks’ Overview page.