Ascott Residence Trust

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

Broker's Calls

Another tough operating year ahead for Singapore’s hospitality sector

SINGAPORE (Jan 18): OCBC Investment Research is keeping its “neutral” rating on Singapore’s hospitality sector on expectations of a challenging 2017, but highlighting opportunities for dollar-cost

Broker's Calls

What Nov's higher visitor arrivals but low RevPAR mean for hospitality REITs

SINGAPORE (Jan 13): Singapore saw 1.2 million visitor arrivals in November, 2.5% higher compared to a year ago, according to the city-state’s tourism board.

Broker's Calls

Hospitality REITs still strong as tourist arrivals in Oct falls for the first time in 2016

SINGAPORE (Dec 29): UOB Kay Hian is keeping its “overweight” call on Singapore real estate investment trusts (REITs) despite visitor arrivals in Oct dipping by 1.6% y-o-y to  1.2 million visitors.

Stocks to buy following Brexit rebound

SINGAPORE (July 18): The STI has rebounded since news of the UK voting in a referendum on June 24 to leave the European Union, suggesting the market has brushed off fears over Brexit.


CapitaLand’s Ascott to buy prime Australian property for $71 mil

SINGAPORE (July 12): CapitaLand's wholly-owned serviced residence business unit, The Ascott, is acquiring a 221-unit serviced residence in Docklands, Melbourne, for A$71 million ($71 million) as pa

Broker's Calls

Ascott Residence Trust kept at ‘hold’ by CIMB with $1.16 target price

SINGAPORE (June 29): CIMB has maintained its “hold” call for Ascott Residence Trust (ART), with a target price of $1.16, according to a report dated Tuesday.

Broker's Calls

Stock picks for investors seeking shelter from Brexit: UOB

SINGAPORE (June 27): UOB is recommending investors seek shelter in dividend-yielding stocks such as Singtel, ST Engineering, SPH, SATS, REITs and plantation companies on the back of continuing mark

Broker's Calls

Hospitality SREITs earnings to stabilise on improved market conditions and new assets, says Fitch

SINGAPORE (June 24): Earnings of Hospitality SREITs are expected to stabilise in 2016 due to higher visitor arrivals and income from new assets, according to Fitch Ratings in a Tuesday report.

Be informed of the stories that matter