SINGAPORE (June 29): OCBC Investment Research is keeping its "buy" call on Soilbuild Business Space REIT, but cut its fair value estimate to 76 cents from 82 cents.
OCBC said this is due to current market volatility and uncertainty surrounding Soilbuild REIT's property at 72 Loyang Way, which is seeking a replacement tenant following Technics Offshore Engineering's rental payment default.
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