Alliance Research says Quill Capita Trust's tenancy profile which includes the likes of DHL, IBM, HSBC, BMW and Technip as its anchors proves its earnings quality. ALLIANCE Research Sdn Bhd initiated coverage of Quill Capita Trust (QCT) with an "outperform" rating, saying it has a defensive blue-chip tenancy profile and a strong parent in CapitaLand Ltd."With its tenants locked in for a long term on master lease agreements with step up agreements, the real estate investment trust (REIT) provides stable earnings with mild growth even without acquisitions," the local research firm said in a report yesterday. Read more
(12-3-2008 New Straits Times)
