贤能集团FY25首季入住率突破95% 机构维持买入级目标价0.56元

Recommended action: Buy
Target price: S$0.56
Trading result: S$0.46 (-1.08%)

Suzhou-based real estate group demonstrated resilient operations in Q1 FY2025, maintaining above 95% occupancy across all properties. Its co-living brand Coliwoo expanded capacity by 45 units to reach 2,586 operational rooms, while the facilities management division secured 29 fresh contracts.

The group's standalone food processing plant has entered market phase with 49 units awaiting disposition. Notably, the announced sale of three freehold properties aligns with analysts' expectations of subsequent lease-back arrangements, which would allow continued operational use alongside shareholder returns.

Facilities management segment shows sustained growth momentum, and the partial asset monetization strategy is expected to generate special dividends without disrupting core business continuity. Current financial performance validates our prior projections.