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Choon Yuan Chan

05 Nov 2023

Stocks

Prime US REIT: Going Through the Office Oversupply and High Interest Rates

Investors have been worried about the business of Prime US REIT. Due to the oversupply of office space which has seen tenants vacating and the high gearing, the share price has taken a beating and is down 80% in a year.

I feel the share price despite its recent rebound of 20% makes it still very undervalued. You can read my analysis here.

https://investmoolah.blogspot.com/2023/10/prime...

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