Welcome!
Ascendas REIT (A-REIT)
REITs
Ascendas REIT to acquire 11 data centres in Europe for $904.6 mil
Post-transaction, A-REIT's investments in data centres will increase to $1.5 bil or 10% of its total portfolio.
March 17, 2021
Broker's Calls
Analysts mostly positive on Ascendas REIT 'diversified, resilient' portfolio
The analysts have factored in their estimates for the FY2021 and FY2022 based on the REIT's proposed acquisitions this year.
February 03, 2021
Results
Ascendas REIT declares 0.9% drop in 2H20 DPU to 7.418 cents, 6.1% lower FY2020 DPU of 14.688 cents
The lower FY2020 DPU was due to an enlarged unit base.
February 02, 2021
Broker's Calls
These REITs could ride the market recovery
As financial markets continue to rebound from the impact of Covid-19, several S-REITs could ride on the recovery.
January 18, 2021
REITs
Ascendas REIT to list 133.9 mil preferential offering new units at $2.96 per unit
The new units will be listed and quoted on the mainboard of the SGX-ST at 9am on Dec 9.
December 08, 2020
Broker's Calls
'Buy' Ascendas REIT for potential in proposed overseas acquisitions: analysts
AREIT’s assets under management (AUM) set to expand to $13.75 billion – 66% in Singapore and the remaining 34% overseas.
November 12, 2020
REITs
Ascendas REIT to raise $1.2 bil through equity fund raising
The issue price range for each preferential offering new unit will be between $2.960 and $3.050.
November 10, 2020
REITs
Ascendas REIT acquires two office properties in San Francisco for $768 mil
Both properties are home to Stripe and Pinterest.
November 10, 2020
Broker's Calls
PhillipCapital upgrades Ascendas REIT to 'buy' on MQX4 acquisition
The upgrade comes as Ong adjusts her forecasts to reflect the REIT’s acquisition of MQX4.
November 02, 2020
Results
Ascendas REIT reports portfolio occupancy of 91.9%, has 'well diversified portfolio' in 3Q business update
The REIT did not release further figures.
October 26, 2020