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Starhill Global Real Estate Investment ( (SG:P40U) ) just unveiled an update.
Starhill Global REIT has successfully redeemed its S$100 million 3.15% notes due in 2025, using proceeds from unsecured loan facilities. This redemption underscores the company’s proactive financial management and may enhance its financial flexibility, potentially benefiting stakeholders by maintaining robust operational stability.
The most recent analyst rating on (SG:P40U) stock is a Buy with a S$0.68 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 (REIT) operates in the real estate investment industry, focusing on managing and investing in a diversified portfolio of retail and office properties. The company is known for its strategic investments in prime locations, aiming to deliver stable and sustainable returns to its stakeholders.
Average Trading Volume: 1,692,645
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$1.16B
For an in-depth examination of P40U stock, go to TipRanks’ Stock Analysis page.