Ascendas Real Estate Investment Trust (Ascendas REIT)

Broker's Calls

A-REIT's expanding UK footprint keeps it at 'accumulate'

SINGAPORE (Oct 4): Phillip Capital is reiterating its “accumulate” recommendation on Ascendas REIT (A-REIT) with a lowered target price of $2.82, from $2.96 previously.

Results

Ascendas REIT reports lower 1Q DPU of 4.002 cents on absence of one-off

SINGAPORE (July 30): The manager of Ascendas Real Estate Investment Trust (Ascendas REIT) reported 1Q18 DPU of 4.002 cents, 1.2% lower than the DPU of 4.049 cents declared a year ago.

Property

Industrial S-REITs kept at 'equal weight' as occupancy stabilises and rent declines slow

SINGAPORE (May 21): Phillip Securities Research is keeping the industrial S-REITs at “equal weight" unless it sees a broad based improvement in occupancy in the sub-sector.

Results

Ascendas REIT's 3Q DPU dips 0.6% to 3.97 cents

SINGAPORE (Jan 25): The manager of Ascendas Real Estate Investment Trust (Ascendas REIT) announced distribution per unit (DPU) of 3.970 cents for the 3Q17/18 ended December, down 0.6% from DPU of 3.993 cents in the corresponding quarter a year ago.

Broker's Calls

Aussie acquisitions to boost Ascendas REIT's growth

SINGAPORE (Oct 31): The manager of Ascendas Real Estate Investment Trust (AREIT) posted an increase of 2.7% in its 1H DPU to 8.108 cents from 7.898 cents last year.

Results

Ascendas REIT's 1H DPU up 2.7% to 8.108 cents

SINGAPORE (Oct 30): The manager of Ascendas Real Estate Investment Trust (Ascendas REIT) has announced distribution per unit (DPU) of 8.108 cents for the 1H ended September, 2.7% higher than DPU of 7.898 cents a year ago.

M&A

Ascendas REIT acquires CBD fringe office property in Australia for $90 mil

SINGAPORE (Sept 25): Ascendas Funds Management, the manager of Ascendas REIT, has completed its acquisition of a CBD fringe office property located at No. 100 Wickham Street in Queensland, Australia for A$83.8 million ($89.8 million) from 100W.

Results

Ascendas REIT posts 4.3% growth in FY17/18 DPU to 4.049 cents

SINGAPORE (July 27): The manager of Ascendas REIT (AREIT) has declared a 1QFY17/18 DPU of 4.049 cents, a 4.3% increase from 3.88 cents the same time last year.

Stocks To Watch

M1, Oceanus, Asia Enterprises, Keppel REIT, Chasen, MIT, Ascendas REIT, Sarine

SINGAPORE (Jan 25): Here are some stocks that could move the market this Wednesday morning:
A-REIT City @ Jinqiao

Ascendas REIT to sell business park in Shanghai for $228.1 mil

SINGAPORE (Oct 27): Ascendas Funds Management (S), the manager of Ascendas Real Estate Investment Trust, on Thursday announced the proposed divestment of A-REIT City @ Jinqiao in Shanghai for approximately $228.1 million.
×