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The deal is likely to offer DPU accretion of 2.6% to the Singapore real-estate investment trust, management said. The assets are likely to reduce the REIT's tenant concentration, with the trust's largest tenant contribution to fall to 38%, from 44% as of end-June, he adds. He raises his 2027-2028 DPU projections by 2.2%-2.8% but leaves 2026's largely unchanged as the deal is likely to only close in 4Q. Morningstar raises its fair-value estimate by 3% to 2.60 Singapore dollars. 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