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Centurion Accommodation REIT Debuts on SGX Mainboard

Story Highlights
  • Centurion Accommodation REIT focuses on worker and student accommodations in Singapore, UK, and Australia.
  • The REIT’s listing on SGX expands real estate investment opportunities and highlights investor interest in resilient assets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Centurion Accommodation REIT Debuts on SGX Mainboard

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Singapore Exchange ( (SG:S68) ) has issued an announcement.

Singapore Exchange (SGX) has welcomed the listing of Centurion Accommodation REIT on its Mainboard, marking a significant milestone for both the REIT and its sponsor, Centurion Corporation Limited. This listing not only expands the variety of real estate assets available on SGX but also highlights the growing investor interest in resilient asset classes like purpose-built accommodations. The REIT aims to leverage favorable market fundamentals in key regions to deliver long-term growth and value to its unitholders.

The most recent analyst rating on (SG:S68) stock is a Hold with a S$16.00 price target. To see the full list of analyst forecasts on Singapore Exchange stock, see the SG:S68 Stock Forecast page.

More about Singapore Exchange

Centurion Accommodation REIT is Singapore’s first pure-play purpose-built living accommodation real estate investment trust (REIT), focusing on worker and student accommodations across Singapore, the UK, and Australia. It is sponsored by Centurion Corporation Limited, a company known for developing and managing quality accommodation assets globally.

Average Trading Volume: 2,164,039

Technical Sentiment Signal: Buy

Current Market Cap: S$17.99B

See more data about S68 stock on TipRanks’ Stock Analysis page.

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