Welcome!
Ascendas REIT (A-REIT)
Results
Ascendas REIT sees 5.4% rise in DPU to 7.66 cents
The number of units for the computation of DPU rose to 4.2 billion in 1HFY21, compared to the 3.6 billion registered in 1HFY20.
August 02, 2021
Broker's Calls
Broker's Digest: SGX, FLCT, HRnetGroup, ComfortDelGro, Ascendas REIT, Kimly
See the analysts' recommendations and target prices here.
June 25, 2021
Broker's Calls
Analysts remain upbeat on Ascendas REIT with higher target prices from $3.65
Units in A-REIT closed 1 cent higher or 0.3% up at $2.93 on June 21, or 1.3 P/NAV, according to PhillipCapital’s estimates.
June 21, 2021
REITs
Ascendas REIT divests three Australian logistics properties for $129 mil
The proposed divestments are expected to complete by 3Q21.
June 03, 2021
REITs
Ascendas REIT to raise $420 mil through private placement
The proceeds will be used to partly fund the Galaxis acquisition and reduce the REIT's aggregate leverage.
May 04, 2021
REITs
Ascendas REIT to acquire remaining 75% stake in Galaxis for $534.4 mil
The acquisition is said to be DPU-accretive with the REIT's pro forma DPU for the current FY to be an improvement of 5.9 cents.
May 04, 2021
Broker's Calls
Analysts mostly upbeat on A-REIT as 1Q21 shows positive rental reversion
Maybank Kim Eng, CGS-CIMB, OCBC and UOB Kay Hian kept their 'buy' or 'add' calls for A-REIT.
April 26, 2021
Results
Ascendas REIT reports dip in portfolio occupancy to 90.6% in 1Q21 business update
The REIT did not release DPU or revenue figures for 1QFY2021.
April 23, 2021
Broker's Calls
Analysts divided on Ascendas REIT after acquisition of European data centres
TP has been increased from $3.15 to $3.20 to reflect better NPI yields from the acquisition.
March 19, 2021
Broker's Calls
'Add' Ascendas REIT on venture into European data centres: CGS-CIMB
TP has been raised to $3.30 to factor in contributions from the REIT's new acquisitions.
March 18, 2021