Stock Analysis: Shengjie Accommodation Real Estate Investment Trust | Lianhe Zaobao

Zaobao
2026.02.09 09:17
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Centurion Accommodation REIT was rated "Buy," with a target price of SGD 1.38 and a closing price of SGD 1.15 (+1.77%). This trust is the first accommodation-type real estate investment trust listed on the Singapore Exchange, with a total portfolio value of SGD 2.1 billion. Its main assets include 64% of Singapore's foreign worker dormitories and student dormitories located in the UK and Australia. It is expected that in the fiscal year 2026, 73% of revenue will come from foreign worker dormitories and 27% from student dormitories, benefiting from the upturn in Singapore's construction industry and strong demand for overseas dormitories