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DBS projects 'robust' DPU CAGR of 5% in FY2021-FY2022 for Ascendas India Trust

Felicia Tan
Felicia Tan • 2 min read
DBS projects 'robust' DPU CAGR of 5% in FY2021-FY2022 for Ascendas India Trust
The analysts have, however, lowered their target price on the REIT to $1.80 from $1.85 previously.
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DBS Group Research analysts Derek Tan and Dale Lai have kept “buy” on Ascendas India Trust (a-iTrust) on the back of the REIT’s updates for the 3QFY2021 ended September.

On Oct 27, a-iTrust reported net property income (NPI) of $39.9 million, up 8% y-o-y on better cost management.

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Ascendas India Trust (a‐iTrust)
Broker's calls
DBS Group Research
Ascendas India Trust (a‐iTrust)

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