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CapitaLand Ascendas REIT (CLAR)
REITs
CapitaLand Ascendas REIT makes bold move with $450 million placement, acquisition
CapitaLand Ascendas REIT announces $450 million placement, makes acquisition, plans another and a redevelopment
May 16, 2023
REITs
CapitaLand Ascendas REIT to acquire Seagate's The Shugart in one-north for $218.2 mil
The acquisition is said to be accretive to CLAR’s distribution per unit (DPU) and net property income (NPI) yield.
May 16, 2023
Broker's Calls
Analysts cheer CapitaLand Ascendas REIT’s strong 1QFY2023 rental reversion
The REIT remains a defensive shelter amid the current market volatility.
May 04, 2023
M&A
CapitaLand Ascendas REIT divests local industrial building at 219% premium from 2005 purchase price
KA Place at 159 Kampong Ampat is a seven-storey industrial building with a total gross floor area of 10,163 sq m.
April 20, 2023
Broker's Calls
HPH Trust, DFI Retail Group, SIA, REITs and other counters are DBS's top picks on China reopening and balanced Fed
Beyond April, the team is watchful of the seasonal ‘sell’ trend in May following post-ex-dividends.
April 11, 2023
New appointments
ADDX’s Choo Oi Yee appointed as CLAR’s non-executive independent director
Prior to ADDX, Choo was the managing director and head of UBS Singapore’s Singapore investment banking department.
February 21, 2023
Broker's Calls
CapitaLand Ascendas REIT 'continues to surprise' with FY2022 occupancy at 10-year high, higher DPU: analysts
CLAR posted 3.5% higher y-o-y distribution per unit of 15.798 cents for FY2022 ended December.
February 03, 2023
Results
CapitaLand Ascendas REIT posts 3.5% higher DPU for FY2022, occupancy hits 10-year high
The REIT's DPU for 2HFY2022 rose by 4.3% y-o-y to 7.925 cents.
February 02, 2023
Stocks To Watch
CapitaLand Ascendas REIT: Offering stability amid accelerating rate hikes
CapitaLand Ascendas REIT could weather higher interest costs because of relatively lower gearing and higher ICR
January 17, 2023
Broker's Calls
Citi maintains ‘buy’ rating for CapitaLand Ascendas REIT with lower TP of $3.00
Citi Research analyst Brandon Lee has reduced his TP for CapitaLand Ascendas REIT to $3.00 from $3.15 previously.
December 28, 2022