UIBREIT - She is slowly recovering since IPO. Now trading at 84.5 cents, UOB KH upgrade to Buy with TP 1.16.
IPO was 88 cents. Still need a few more cents to breakeven. Jia You!
Projecting yield is about 8.2%. Likely see some buying interest.
I think the assets are mostly located in Singapore, quite resilient plus no currency exchange issue. The other assets are located in Japan, need to monitor.
Don't know when can payout first dividend. Yearly dividend is about 6.5-6.8 cents. Pls dyodd.
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