Analysts from RHB Group Research and PhillipCapital are divided on their recommendations for Ascendas Real Estate Investment Trust (A-REIT), following its acquisition of a portfolio of data centres in Europe for $904.6 million.
Ascendas REIT
Price target:
RHB “neutral” $3.20
PhillipCapital “buy” $3.64
Mixed reactions to acquisition of data centres in Europe

