SGX Real Estate Stocks – Buying Opportunity for Investors

SGX-listed real estate companies UOL Group ( SG:U14 ) and Lendlease Global Commercial REIT ( SG:JYEU ) have Buy ratings from analysts. The Singapore real estate market has witnessed an increase in prices as well as rents in the last few years. Analysts expect the Singapore real estate market to remain bright in 2023 after withstanding so many headwinds in 2022. China’s reopening and the return of tourists to Singapore will further push the retail and high-end residential markets in the country. Here, the TipRanks Singapore Real Estate Stocks data came in handy to screen these two stocks. Such sector-specific tools for different markets help investors do in-depth research and choose the stocks accordingly. Let’s dig into more details on these companies. UOL Group Limited UOL is a leading property and hospitality company with a diversified portfolio of assets across Asia, Europe, Oceania, and North America. In February, the company announced its 2022 annual results , within analysts’ expectations. The company posted a growth of 28% in its full-year revenues of S$3.2 billion, driven by property development and the bounce back of the hotel segment. The net profit grew by 54% in 2022 to S$768 million, up from S$499 […]

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