Ascendas Hospitality Trust

SINGAPORE (Aug 15): DBS Group Research is maintaining its “buy” recommendation for Ascendas Hospitality Trust (AHT) with a target price of 80 cents despite its recent share price rally.

SINGAPORE (Aug 15): Ascendas Hospitality Trust has issued a clarification denying it is currently contemplating the divestment of its Pullman and Mercure hotels at Albert Park, Melbourne.

SINGAPORE (Aug 11): Ascendas Hospitality Trust (AHT) is preparing to bring its Australian hotel, Pullman & Mercure Melbourne Albert Park, to market with a price tag of more than A$150 million ($155 million), according to Australian media reports.

SINGAPORE (May 13): DBS has upgraded its Ascendas Hospitality Trust (A-HTrust) recommendation to “buy” from “hold”, with a higher target price of 80 cents, driven by the REIT’s earnings recovery, further acquisitions, and a potential takeover of