SINGAPORE (Jan 14): OCBC Investment Research is upgrading Ascott Residence Trust (ART) to “buy” from “hold” given the serviced residences REIT managed to sell Ascott Raffles Place Singapore at significantly above its book value.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply