Home Capital Broker's Calls

Accordia Golf Trust new sponsor willing to spend to enhance courses: CIMB

Samantha Chiew
Samantha Chiew4/20/2018 11:23 AM GMT+08  • 3 min read
Accordia Golf Trust new sponsor willing to spend to enhance courses: CIMB
SINGAPORE (Apr 20): The manager of Accordia Golf Trust shouldn't have much problem maintaining or raising prices of its golf courses in Nagoya, says CIMB in a Thursday non-rated report.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Apr 20): The manager of Accordia Golf Trust shouldn't have much problem maintaining or raising prices of its golf courses in Nagoya, says CIMB in a Thursday non-rated report.

This was due to their proximity to the expressways and their less challenging design, which favours casual players.

And while pricing is mainly subjected to competitive forces, management says the situation has been helped by the closure of some golf courses nearby, AGT's management tells analyst William Tng following a visit to the city's four trust’s golf courses, three of which are in the Greater Nagoya region while one is located at the Greater Osaka region.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now