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Starhill Global Real Estate Investment ( (SG:P40U) ) has issued an announcement.
Starhill Global Real Estate Investment Trust has announced the pricing of S$100 million 3.25% Subordinated Perpetual Securities under its S$2 billion Multicurrency Debt Issuance Programme. The issuance, managed by DBS Bank Ltd. and other financial institutions, targets institutional and accredited investors in Singapore, offering a flexible investment option with no fixed redemption date and a structured distribution rate, potentially enhancing the company’s financial flexibility and appeal to investors.
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 within the real estate investment sector, focusing on managing a diversified portfolio of income-producing retail and office properties. The company primarily serves institutional and accredited investors, with a significant market presence in Singapore.
Average Trading Volume: 1,620,968
Technical Sentiment Signal: Buy
Current Market Cap: S$1.3B
Learn more about P40U stock on TipRanks’ Stock Analysis page.