Ascendas India Trust (a-iTrust)

SINGAPORE (Jan 29): The trustee-manager of Ascendas India Trust (a-iTrust) has reported a 15% increase in distribution per unit (DPU) of 1.64 cents for the 3Q ended December, from DPU of 1.42 cents a year ago.

SINGAPORE (Nov 27): DBS Research has upgraded its call on Ascendas India Trust (a-iTrust) to “buy” from “hold” with a revised target price of $1.25.

SINGAPORE (Nov 24): The trustee-manager of Ascendas India Trust (a-iTrust) is acquiring six warehouses from logistics and supply management service provider Arshiya for a total consideration of INR 5.34 billion ($112.5 million).  

SINGAPORE (Oct 26): DBS Group Research says it is excited about Ascendas India Trust’s (a-iTrust) growth prospects and move into the emerging India warehouse industry.

SINGAPORE (Oct 25): The trustee-manager of Ascendas India Trust (a-iTrust) has declared distribution per unit (DPU) of 2.81 cents for the 1H ended September, an increase of 3% from DPU of 2.73 cents a year ago.

SINGAPORE (July 25): DBS has downgraded Ascendas India Trust (a-iTrust) to “hold” from “buy” with a lower target price of $1.15.

SINGAPORE (July 24): Ascendas India Trust (a-iTrust) has reported a 4% fall in 1Q DPU to 1.31 cents from 1.36 cents a year ago.

SINGAPORE (Feb 1): DBS is maintaining its “buy” call on Ascendas India Trust (a-iTrust), with a revised target price of $1.12.