Ascendas REIT (A-REIT)


Ascendas REIT acquires Sydney logistics property for A$23.5 mil

SINGAPORE (July 1): The manager of Ascendas REIT (A-REIT) announced that it has acquired a new logistics property to be developed on Lot 7, Kiora Crescent, Yennora, in Sydney, Australia for a purch


Ascendas REIT says 1QFY2020 operational performance 'healthy'; unaffected by Covid-19 pandemic

SINGAPORE (Apr 28): The manager of Ascendas REIT (A-REIT) has reported a “healthy operational performance” for 1QFY2020 ended March.

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CapitaLand dips its toes into new asset classes such as Jewel and multifamily housing as ASB merger is approved

SINGAPORE (Apr 22): Jewel Changi Airport — Singapore’s newest integrated development by CapitaLand and Changi Airport — is quite the talk of the town with its waterfall, jungle, shops, eateries and

Broker's Calls

Ascendas REIT remains best proxy to the burgeoning S-REIT space: Maybank

SINGAPORE (April 4): Maybank Kim Eng is remaining “positive” on the Singapore REIT (S-REITs) sector on expectations of continued outperformance, while highlighting Ascendas REIT (A

Broker's Calls

5 recommendations by Maybank as the S-REIT space eases into recovery mode

SINGAPORE (Feb 28): Maybank Kim Eng is remaining “positive” on the Singapore REIT space as it believes sector valuations will remain supported by recovering distributions per unit (DPUs), especiall

Broker's Calls

S-REITs poised to ride on wings of dovish Fed

SINGAPORE (Feb 11): DBS Group Research is keeping its “overweight” rating on Singapore REITs following more dovish comments from the US Federal Reserve.

Broker's Calls

Ascendas REIT set to thrive on overseas initiatives & new Grab project, says Maybank

SINGAPORE (Jan 31): Maybank Kim Eng continues to rate Ascendas REIT (A-REIT) at “buy” with an unchanged price target of $2.95, while highlighting the trust as its top S-REIT pick due to its scale,


Ascendas REIT posts 0.7% higher 3Q DPU of 3.998 cents; secures $181.2 mil BTS project from Grab

SINGAPORE (Jan 30): The manager of Ascendas REIT (A-REIT) reported a 3Q19 distribution per unit (DPU) of 3.998 cents, growing 0.7% from 3.97 cents a year ago after taking into account an enlarged n

Broker's Calls

Ascendas REIT kept at ‘buy’ by analysts on overseas diversification

SINGAPORE (Oct 26): Ascendas REIT (A-REIT) reported 2Q19 DPU of 3.887 cents, –4.2% y-o-y driven by lower occupancy in Singapore, additional interest expense and expanded number of units.

Broker's Calls

Jefferies keeps Ascendas REIT at 'buy' on expansion of UK presence

SINGAPORE (Oct 2): Ascendas REIT is buying another portfolio of 26 logistics properties in the United Kingdom for $461 million despite Brexit-linked uncertainty.

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