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REITs
Ascendas REIT, Ascott Residence Trust and Ascendas India Trust undergo name changes
A-REIT, ART and a-iTrust will be known by their new names from Sept 27.
September 27, 2022
Broker's Calls
Analysts positive on AREIT following cold storage logistics facility acquisition
CGS-CIMB’s Lock Mun Yee has lifted her TP slightly to $3.21 from $3.20 previously.
September 15, 2022
REITs
Ascendas REIT to acquire cold storage logistics facility in Singapore for $191.9 mil
The facility will be the first cold storage facility investment in Singapore.
September 14, 2022
Results
Ascendas REIT reports 2.8% higher 1HFY2022 DPU of 7.873 cents
The DPU will be paid on Sept 5 with its record date being Aug 11.
August 02, 2022
REITs
Ascendas REIT to acquire seven logistics properties in Chicago for $133.2 mil
The acquisition is said to be accretive to Ascendas REIT’s DPU by 0.01%.
May 10, 2022
Broker's Calls
S-REIT DPUs expected to grow 12% y-o-y in FY2022; office REITs preferred: Maybank Securities
Maybank has also upgraded Suntec REIT to “buy” with a TP of $1.80 based on its leverage to Singapore’s reopening.
March 12, 2022
Broker's Calls
Is Ascendas REIT still a 'buy'? Analysts seem to think so, pegging TPs starting from $3.20
A-REIT was said to have strong fundamentals and attractive valuations, according to the analysts.
February 16, 2022
Results
Ascendas REIT reports 2.4% increase in 2HFY2021 DPU of 7.598 cents
Units in A-REIT closed 2 cents higher or 0.72% up at $2.80 on Feb 8.
February 08, 2022
Broker's Calls
Analysts keep TP of at least $3.83 on Ascendas REIT after Science Park redevelopment announcement
Analysts from DBS and UOB Kay Hian have maintained "buy" calls on the REIT.
November 23, 2021
Broker's Calls
UOB Kay Hian adds Lendlease REIT to its alpha picks portfolio, removes Ascendas REIT, SGX, Hong Leong Asia
The team has identified two re-rating catalysts to LREIT and has kept “buy” on LREIT with an unchanged target price of $1.01.
September 04, 2021