Welcome!
Ascott Residence Trust (ART)
Investing ideas
Ascott Residence Trust gets bigger appetite for growth from merger
SINGAPORE (July 4): CapitaLand has wasted no time in merging Ascott Residence Trust (ART) with Ascendas Hospitality Trust (AHT) following the completion of the acquisition of Ascendas-Singbridge last week.
July 04, 2019
Deals, joint ventures & alliances
Ascott Residence Trust and Ascendas Hospitality Trust combining to form $7.6 bil behemoth
SINGAPORE (July 3): Ascott Residence Trust (ART) and Ascendas Hospitality Trust (AHT), both members of the CapitaLand group after its acquisition of Ascendas-Singbridge, are proposing a deal which will result in the combination of both entities into one.
July 03, 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
Results
Ascott Residence Trust's 1Q DPU rises 7% to 1.45 cents on improved operating performance
SINGAPORE (April 30): The manager of Ascott Residence Trust (ART) has declared a 1Q19 distribution per unit (DPU) of 1.45 cents, rising 7% on-year from the 1.35 cents it posted a year ago due to better operating performance, lower financing costs and a on
April 30, 2019
In print this week
Ascendas Hospitality Trust rejigs portfolio to weather Aussie downdraft
SINGAPORE (Apr 29): Now that the shareholders have approved CapitaLand’s proposed merger with Ascendas-Singbridge, attention may turn to synergies and overlaps in the two companies. In particular, ASB’s hospitality arm, Ascendas Hospitality Trust (AHT
April 29, 2019
Broker's Calls
ART, FEHT downgraded to 'hold' by OCBC; hospitality sector grapples with weak RevPAR
SINGAPORE (Apr 16): OCBC Investment Research has downgraded its recommendations for both Ascott Residence Trust (ART) and Far East Hospitality Trust (FEHT) to “hold” from “buy”, after a strong rally so far this year for the two hospitality REITs.
April 16, 2019
Broker's Calls
ART raised to 'buy' by UOB KayHian for disciplined recycling of capital
SINGAPORE (Apr 12): UOB KayHian is raising Ascott Residence Trust (ART) to “buy” with $1.46 target price given it has been disciplined when it comes to recycling capital.
April 12, 2019
Broker's Calls
Ascott Residence Trust started at 'buy' by Phillip on income stability, inorganic growth
SINGAPORE (Apr 9): Phillip Securities has started Ascott Residence Trust (ART) at ‘buy’ with $1.36 target as the REIT offers income stability and inorganic growth.
April 09, 2019
Commentary
SGX hones ability to scrutinise asset valuations, pressures auditors — will it close the ‘trust deficit’?
SINGAPORE (Feb 4): On Jan 25, Singapore Exchange Regulation (SGX RegCo) briefed several journalists about its plans to play a more active role in determining the scope of statutory audits of locally listed companies, and beef up its capabilities to scruti
February 04, 2019