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Broker's Calls
Analysts positive on CLAS following continued hospitality recovery
Analysts are bullish on CapitaLand Ascott Trust thanks to its improved DPU and healthy results.
January 30, 2024
Results
CapitaLand Ascott Trust's FY2023 DPS rises 16% y-o-y, surpassing pre-Covid levels
CapitaLand Ascott Trust's DPS grew 16% y-o-y in FY2023 to 6.57 cents, surpassing pre-Covid DPS of 6.4 cents in FY2019.
January 29, 2024
Broker's Calls
UOB Kay Hian keeps ‘overweight’ rating on ‘defensive’ S-REITs; blue chip S-REITs preferred
CDLHT, CLAS, KORE, KREIT, LREIT and MINT were named as top picks.
January 04, 2024
REITs
CapitaLand Ascott Trust divests three hotels in Japan for $99.8 mil
The divestment of the three properties is expected to be completed on 1Q2024.
December 17, 2023
REITs
CapitaLand Ascott Trust divests two hotels in Australia for A$109.0 mil
Following the divestment, the trust will net proceeds of A$98.0 million.
November 06, 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
Analysts maintain 'buy' on CapitaLand Ascott Trust with lower TPs following slower growth
Receding reopening tailwinds are likely to result in slower growth for subsequent quarters.
November 01, 2023
Results
CapitaLand Ascott Trust’s 3QFY2023 RevPAU at $154, 17% higher y-o-y
9MFY2023 gross profit rose by 23% y-o-y as revenue growth outpaced the higher operating and financing costs.
October 30, 2023
REITs
For S-REITs, acquisitions and hints of acquisitions have undermined prices
Compare the reaction to Suntec REIT's underwhelming business updates to Keppel DC REIT's more positive announcements
October 24, 2023
Sustainability
Ascott, UN-formed tourism body train hospitality staff in sustainability
A total of 27 tourism professionals took part in the three-day sustainability course.
October 19, 2023