0550 GMT - ESR-REIT has key tailwinds to benefit from in 2025, RHB Research's Vijay Natarajan says in a research report. RHB maintains a buy call on the Singapore-listed trust. The REIT stands to gain from distribution-per-unit contributions from its distribution center in Japan and a property in Singapore, the analyst says. Other tailwinds include higher revenue from increased service charges to offset rising cost pressures. However, RHB lowers its 2025-2026 DPU estimates for the REIT by 4%-5%, partly reflecting equity fund-raising. It trims the units' target price to S$0.33 from S$0.34. Units are unchanged at S$0.26. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
January 27, 2025 00:50 ET (05:50 GMT)
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