Ascott Residence Trust

REITs

ART divests Citadines Wuhan in Dec lowering China exposure, raises 2019 DPS by 6% y-o-y

SINGAPORE (Jan 30): By a stroke of good fortune, coincidence or foresight, Ascott Residence Trust (ART) signed an agreement to divest of Citadines Xinghai Suzhou and Citadines Zhuankou Wuhan at a p

REITs

The year's REIT gainers and losers

SINGAPORE (Dec 20): The year’s top gainer was no surprise (see chart 1).

Funds

Quarz Capital not like other activist funds, looks for undervalued stocks that pay a dividend

SINGAPORE (Dec 2): In April this year, following overwhelming votes in an extraordinary general meeting (EGM) in favour of resolutions by CapitaLand’s independent shareholders to acquire Ascendas-S

Broker's Calls

OCBC keeps 'overweight' on Singapore hospitality sector as REITs rally

SINGAPORE (Feb 7): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality space as the sector’s REITs – namely CDL Hospitality Trusts (CDL HT), Asc

The Hour Glass rises on bullish data, but Chew’s calls off sale to third party

(Oct 30): The market is warming up to luxury watch retailer The Hour Glass, which we added to our Singapore Market Portfolio on Oct 10.

Broker's Calls

Tepid DPU growth but bond-like stability expected of Ascott Residence: CIMB

SINGAPORE (July 21): CIMB says it is not impressed by Ascott Residence Trust’s 1H17’s operational numbers given flat y-o-y gross profit.

Broker's Calls

Will Ascott's third bite of Big Apple taste just as sweet?

SINGAPORE (June 1): DBS Vickers says it is “generally positive” on Ascott Residence Trust’s most recent acquisition given the expected DPU accretion although much will depend on how it is funded.

Stocks To Watch

Frasers Centrepoint Limited, Ascott Residence Trust, SATS, USP Group

SINGAPORE (April 17): Here are some stocks that could move the market this Monday morning.

Broker's Calls

Rights issue ‘dilutive to yield and NAV’ for Ascott REIT: Religare

SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise $442.7 million for the purchase of three properties in Germany and Singapore will be dilutive to both yield and net asset va

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