Daiwa reiterated that the Sunshine Real Estate Fund (0435.HK) outperformed the market with a target price of HK $3, indicating that its total distributable income for the 12 fiscal year ended at the end of December increased by 14.8% to HK $147 million, reflecting the continued improvement in basic business, with rent increases offsetting the slight decline in rental rates. Property improvement works are also under way, which will help improve the quality of properties and be positive.
大和重申阳光房托(0435.HK)跑赢大市评级，目标价3港元
Daiwa reiterated that 0435.HK outperformed the market rating with a target price of HK $3.
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