Welcome!
Ascendas REIT (AREIT)
Sustainability
CapitaLand partners Sembcorp to install solar farms atop 6 properties in Singapore
SINGAPORE (July 9): CapitaLand will partner with Sembcorp Industries to install about 21,240 rooftop solar panels atop six CapitaLand properties by the end of this year, forming the largest combined rooftop solar facility in Singapore by a real estate com
July 09, 2019
In print this week
SGX explains why Singapore is Asia's largest global REIT platform
(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audience a few questions. It was to gauge the public’s reception to various
May 06, 2019
Broker's Calls
Ascendas REIT poised to benefit from current rate environment, but yields may be tight
SINGAPORE (April 30): Maybank Kim Eng and OCBC Investment Research are maintaining their “buy” and “hold” calls on Ascendas REIT (AREIT) while raising their price target and fair value estimate to $3.20 and $2.74 from the previous $3.10 and $2.64,
April 30, 2019
Results
AREIT posts 6.1% increase in 4Q DPU to 4.1 cents on higher revenue, lower non-property expenses
SINGAPORE (Apr 29): The manager of Ascendas REIT (AREIT) announced that its 4Q19 DPU has increased by 6.1% to 4.148 cents compared to 3.910 cents in 4Q18, with amount available for distribution increasing by 12.7% y-o-y to $129.0 million.
April 29, 2019
Broker's Calls
AREIT, EREIT kept at 'add' by CGS-CIMB despite Hyflux link
SINGAPORE (Mar 7): CGS-CIMB Securities is maintaining Ascendas REIT (AREIT) and ESR REIT (EREIT) at “add” despite Hyflux’s debt-restructuring woes.
March 07, 2019
Broker's Calls
Market valuations may be inexpensive but stay defensive: RHB
SINGAPORE (Jan 2): RHB Research prefers to stay selective and defensive amid growth uncertainties in 2019.
January 02, 2019
Broker's Calls
RHB overweight on SREITs despite interest rates worry
SINGAPORE (Oct 16): RHB is reiterating its “overweight” rating on Singapore REITs (SREITs), as it believes that selective SREITs still offer value for investors, despite lingering concerns over rising interest rates.
October 16, 2018
Property
Singapore developers cede to REITs as investors' top pick
(Sept 25): Buy the businesses that hold the real-estate assets rather than the ones that sell them.
September 25, 2018
Broker's Calls
AREIT to strengthen positioning in UK and Singapore
SINGAPORE (Sept 10): CGS-CIMB is maintaining its “add” call on Ascendas Real Estate Investment Trust (AREIT) with a target price of $2.89.
September 10, 2018
Property
Ascendas REIT to acquire portfolio of 12 UK logistics properties for $373 mil
SINGAPORE (July 26): Ascendas REIT is expanding its footprint beyond Asia and Australia into Europe, through the proposed acquisition of a portfolio of 12 logistics properties located in the United Kingdom.
July 26, 2018