Welcome!
CapitaLand Ascendas REIT (CLAR)
Results
CapitaLand Ascendas REIT DPU down 4% to 15.16 cents for FY2023
CLAR's portfolio occupancy remained high at 94.2% as gross revenue for FY2023 rose by 9.4% y-o-y to $1.48 billion.
February 01, 2024
Broker's Calls
RHB keeps ‘overweight’ call on S-REITs, retail sector impacted by rise in GST and inflationary pressures on tenants
Dominant theme and driver of S-REITs’ performance in 2024 to be US Fed’s rate cuts and messaging surrounding the size and timing.
January 23, 2024
Broker's Calls
As Singapore REITs positions for rate cuts, Maybank Securities remain 'neutral' on the sector
CapitaLand Integrated Commercial Trust, CapitaLand Ascendas REIT and Lendlease Global Commercial REIT are named as top picks.
January 22, 2024
Broker's Calls
Maybank keeps ‘neutral’ on S-REITs, ‘agnostic’ on the sector
CICT, CLAR and LREIT were named as analyst Krishna Guha’s picks.
January 08, 2024
Company in the news
CapitaLand Ascendas REIT to divest three Australian logistics properties for $64.2 mil
Net proceeds from the divestment scheduled to complete in 1Q2024 after deducting costs are expected to be $60.8 million.
December 20, 2023
Broker's Calls
RHB 'overweight' on S-REITs as peak rates near; foreign names with 'bombed-out valuations' offer most upside
RHB Bank Singapore favours CapitaLand Ascendas REIT, Keppel REIT, AIMS APAC REIT and CDL Hospitality Trusts.
November 20, 2023
Broker's Calls
Brokers’ Digest: Sheng Siong, iFast Corp, Wilmar, CSE Global, OUE Commercial REIT, CLAR, CLAS
See what the analysts have to say this week.
November 03, 2023
Broker's Calls
UOB Kay Hian maintains 'overweight' rating on S-REITs; remains positive on CLAR and PLife REIT
UOB Kay Hian has maintained its "overweight" rating on Singapore REITs (S-REITs).
November 03, 2023
Broker's Calls
Analysts like CapitaLand Ascendas REIT’s defensive attributes; Maybank upgrades to ‘buy’
The analysts' target prices range from $2.65 to $3.06.
November 01, 2023
Results
CapitaLand Ascendas REIT maintains steady portfolio occupancy rate of 94.5% for 3QFY2023
The REIT’s average portfolio rent reversion of leases renewed in 3QFY2023 was 10.2%, inclusive of those in multi-tenant buildings.
October 27, 2023