Ascott Residence Trust (ART)

SINGAPORE (Feb 9): OCBC Investment Research maintains its “neutral” stance on Singapore’s hospitality industry with OUE Hospitality Trust (OUE HT) as its top and only “buy” pick in the sector with a fair value estimate of 75 cents, as it is expe

SINGAPORE (Jan 25): CIMB is maintaining its “hold” on Ascott Residence Trust (ART) as it expects the latter to acquire the $405 million Ascott Orchard in 3Q17 and could do a cash call and sell properties in Japan and China to fund the purchase.

SINGAPORE (Jan 24): Ascott Residence Trust (ART) has posted a distribution per unit (DPU) of 2.04 cents for 4Q16, relatively unchanged from 2.07 cents from a year ago.

SINGAPORE (Oct 14): Ascott Residence Trust (ART) could benefit from parent CapitaLand’s recent tie-up with Tujia, dubbed China’s answer to Airbnb, says UOB Kay Hian lead analyst Derek Chang in a Oct 14 report which has a “buy’ on ART with $1.37 ta

SINGAPORE (Oct 6): Singapore has stepped up efforts to woo Chinese tourists amid weaker traveller sentiments and lower corporate demand.

SINGAPORE (Aug 31): UOB Kay Hian says the tourism statistics report for 1Q16 unveiled by Singapore Tourism Board (STB) on Tuesday has shed light on a “puzzling disconnect” between surging tourist arrivals and lower hotel revenue per available room (Re

SINGAPORE (Aug 29): OCBC Investment Research is keeping its “neutral” rating on the hospitality sector with expectations that the industry’s supply overhang situation will worsen this year.

SINGAPORE (July 22): OCBC Investment Research is keeping its “buy” recommendation on Ascott Residence Trust (ART), but trimming its fair value estimate to $1.24, from $1.29 previously.

SINGAPORE (July 22): OCBC Investment Research is keeping its “buy” recommendation on Ascott Residence Trust (ART), but trimming its fair value estimate to $1.24, from $1.29 previously.

SINGAPORE (July 21): DBS has maintained its “buy” call for Ascott Residence Trust (ART), with a target price of $1.31. This represents a 14% upside to the research house’s last target price of $1.28.