Ascendas REIT (AREIT)

Investing ideas

UOB, CDL, Wilmar, AREIT, Netlink Trust top bets for Morgan Stanley

SINGAPORE (June 26): Singapore’s economy is seen to undergo a “sustained” rebound and that bodes well for certain cyclical recovery plays in key sectors, says Morgan Stanley analysts Wilson Ng and


The year's most resilient REITs

SINGAPORE (May 22):The best performer is Keppel DC REIT, up 16% year-to-date, followed by Mapletree Logistics Trust (MLT) and Ascendas REIT.

Broker's Calls

AREIT defensive but unattractive valuation

SINGAPORE (Apr 20): RHB Group Research is keeping its “neutral” call on Ascendas REIT (AREIT) with a target price of $3.00 from $3.10 previously.

Right Timing

Expect continued volatility for STI

SINGAPORE (Feb 7): The confluence of the 50-and 200-day moving averages at 3,220 is providing resistance for any rebound.

Company in the news

Ascendas REIT goes shopping; new properties provide DPU and NAV accretion, IFA recommends a 'yes' vote

SINGAPORE (Nov 25): On Nov 1, Ascendas Real Estate Investment Trust (REIT) announced the proposed acquisition of 28 properties in the US and two business parks in Singapore for $1.66 billion from i

Right Timing

Pause to continue as STI drifts sideways

SINGAPORE (Nov 16): The Straits Times Index peaked temporarily at 3,285, before retreating.


REITs have had a good run, yield compression may have come to an end

(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1).

Broker's Calls

CGS-CIMB bullish on Ascendas REIT but rues expensive valuations

SINGAPORE (Oct 11): CGS-CIMB Research believes investors should “look for a lower entry point” when buying into Ascendas REIT (AREIT), despite being bullish on its growth prospects.


Ascendas REIT acquires suburban office in Australia for $104.4 mil

SINGAPORE (Oct 3): The manager of Ascendas REIT (AREIT) has agreed to purchase the freehold land and the subsequent development of the suburban office building in Melbourne, Australia, for A$110.9


CapitaLand partners Sembcorp to install solar farms atop 6 properties in Singapore

SINGAPORE (July 9): CapitaLand will partner with Sembcorp Industries to install about 21,240 rooftop solar panels atop six CapitaLand properties by the end of this year, forming the largest combine

Be informed of the stories that matter