Dolmen City REIT (DCR): Steady dividends & significant discount to NAV – By JS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Dolmen City REIT (DCR) underlying assets continue to report high occupancy levels &ndash; at 98.1% and 97.8% for Dolmen Mall Clifton and The Harbor Front respectively, signifying the strategic location advantage for both mall and office space.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Footfall data for the mall also remains on a growth trajectory adding to the prospects of continued high occupancy levels. Average monthly footfall during FY23 clocked in at 708k visitors compared with 585k visitors in FY22. Cumulatively, DCR saw 8.5mn visitors during FY23 compared to 7mn visitors in FY22.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">DCR has p...