Ascendas REIT (AREIT)

SINGAPORE (Oct 3): Maybank Kim Eng Research is keeping its “positive” rating on industrial REITs, on the back of strong acquisition-led growth.

SINGAPORE (Sept 28): Singapore’s economy is on the road to recovery, led by improvements in the tech-related manufacturing industry, according to Maybank Kim Eng Research.

SINGAPORE (May 29): UOB Kay Hian has raised target prices for Singapore real estate investment trusts (S-REITs) by an average of 8% on the back of a rosier economic outlook.

SINGAPORE (April 18): Maybank Kim Eng is starting coverage of Ascendas REIT with a “buy” call and $2.85 target price given that its portfolio geared towards the Singapore government’s pro-growth efforts.

SINGAPORE (Dec 9): UOB Kay Hian has reduced its target prices for Singapore real estate investment trusts (REITs) by 5% on average on the back of anticipated weaker growth ahead.

SINGAPORE (July 21): Ascendas REIT (AREIT) has posted a 4.0% rise in distribution per unit (DPU) of 3.996 cents for the 1Q17 ended June compared to 3.841 cents in the same period of last year.          

SINGAPORE (July 1): OCBC has upgraded its market outlook for SREITs to “overweight” while reiterating its “buy” calls for Frasers Centrepoint Trust (FCT), Keppel DC REIT (KDCREIT) and Ascendas REIT (AREIT).

SINGAPORE (June 27): S-REITs are likely to outperform the broader market over the coming months as global investors rush towards safety following the Brexit vote and on the back of a likely delay in interest rate hikes, according to a Monday Religare repo