Should You Invest In Suntec REIT [Fundamental Analysis]

Suntec REIT announced its financial year 2023 results recently and, unfortunately, they are badly affected by non-desirable capital management and the impact of a higher interest rate environment.

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While the management is taking active steps in addressing their capital management, the share price is still currently trading at levels beyond my comfort - given that a good part of their DPU is supported by non-recurring items and non-cash accounting methods.

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That being said, at the right price, I still think Suntec REIT is worth considering given the quality of its local properties.

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More details are in the report!

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https://www.danconsultancy.com/post/should-you-...

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