|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's range||140.81 - 143.98|
|52-week range||123.00 - 188.61|
|Beta (5Y monthly)||1.31|
|PE ratio (TTM)||21.99|
|Earnings date||31 Oct 2023 - 06 Nov 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||14 Nov 2019|
|1y target est||198.40|
Lower commercial real estate transactions amid macroeconomic uncertainties and high interest rates offer a bleak prospect for Jones Lang's (JLL) transaction-based businesses.
JLL's research showed that gross effective rent for Grade A office space in the CBD fell 0.3% q-o-q to an average of $11.29 psf per month in 3Q2023.SINGAPORE (EDGEPROP) - Singapore office rents declined in 3Q2023, according to data reported by JLL in a Sept 25 press release. The consultancy adds that it marks the first quarterly decline following nine consecutive quarters of office rental growth in the city-state.JLL’s research shows that gross effective rent for Grade A office space in the CBD
The company, rocked by a report in November last year from short-seller Viceroy Research that raised several concerns, including the valuation of the company's assets, said the earliest it was expecting to publish outstanding accounts was not until late 2023. Shares in Home REIT had slumped more than 30% immediately after the report before hitting a record low in December when the company said its auditor was reviewing Viceroy's allegations. The stock was temporarily suspended from trading in early January after the company missed a deadline to publish its annual financial report, citing unfinished audit process.