tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Starhill Global REIT Completes Redemption of S$100 Million Perpetual Securities

Story Highlights
Starhill Global REIT Completes Redemption of S$100 Million Perpetual Securities

Claim 50% Off TipRanks Premium and Invest with Confidence

Starhill Global Real Estate Investment ( (SG:P40U) ) has issued an announcement.

Starhill Global Real Estate Investment Trust has successfully redeemed and cancelled its S$100 million 3.85% perpetual securities issued under its S$2 billion multicurrency debt issuance program. This redemption, completed on December 15, 2025, signifies a strategic financial move by the company, potentially enhancing its financial flexibility and market positioning by reducing outstanding debt obligations.

The most recent analyst rating on (SG:P40U) stock is a Buy with a S$0.50 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 industry, focusing on acquiring and managing retail and office properties. The company primarily invests in high-quality commercial properties in prime locations, aiming to provide stable income and potential capital growth for its stakeholders.

YTD Price Performance: 23.39%

Average Trading Volume: 1,457,154

Technical Sentiment Signal: Buy

Current Market Cap: S$1.33B

For a thorough assessment of P40U stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1