Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Starhill Global Real Estate Investment ( (SG:P40U) ) has provided an update.
Starhill Global REIT has announced a rent review for its master lease with Toshin Development Singapore Pte Ltd, which is set to commence on 8 June 2025. The lease terms include an annual fixed rent that will be the higher of a 1% increase over the existing base rent or the prevailing market rental value, with adjustments based on valuations by three licensed valuers. The Toshin Master Lease is significant as it contributes to approximately 23.1% of Starhill Global REIT’s portfolio gross rent, highlighting its impact on the company’s financial performance.
The most recent analyst rating on (SG:P40U) stock is a Buy with a S$0.60 price target. To see the full list of analyst forecasts on Starhill Global Real Estate Investment stock, see the SG:P40U Stock Forecast page.
More about Starhill Global Real Estate Investment
Starhill Global Real Estate Investment Trust operates in the real estate investment sector, focusing on retail and office properties. It primarily invests in prime real estate assets in Singapore and other key cities in Asia-Pacific, with a significant market focus on retail properties.
Average Trading Volume: 1,704,373
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$1.16B
For a thorough assessment of P40U stock, go to TipRanks’ Stock Analysis page.