Ascendas REIT

SINGAPORE (Dec 5): RHB Research is maintaining its “overweight” rating on the property sector as yields of Singapore REITs overtook 10-year government bond yields by 4.3%, above the historical average of 4%. The S-REIT sector also had the highest abso

SINGAPORE (Nov 29): The Singapore Central Business District has just seen its fourth major office transaction in 2016, after CLSA Capital Partners acquired 77 Robinson Road for $531 million. The sale of One George Street is also said to be under negotiati

SINGAPORE (Nov 22): UBS is upgrading Singapore equities to “neutral” in its Asia ex-Japan asset allocation, citing Singapore’s resilience due to its defensive nature.

SINGAPORE (Nov 18): Singapore real estate investment trusts (REITs) have seen price-to-book fall to 0.9x to reach prior lows set in Aug last year.

SINGAPORE (Nov 16): Dark clouds are gathering for Singapore real estate investments trusts (REITs). And a storm could hit as early as December.

SINGAPORE (Nov 15): Donald Trump's presidency will affect the Singapore property market in three ways, says JP Morgan in a recent report. 

SINGAPORE (Nov 9): Investors now have a chance to accumulate Singapore REITs while the market overshoots, according to a Tuesday report by DBS.

SINGAPORE (Oct 21): Credit Suisse is maintaining a “neutral” rating on the Ascendas Real Estate Investment Trust (AREIT) with a target price of $2.58 while CIMB is downgrading the REIT to a “hold” with a lower target price of $2.47 from $2.61.

SINGAPORE (Oct 20): The manager of Ascendas REIT has reported a 3.1% decrease in 2Q17 DPU to 4.03 cents, reported its manager. This was due to a one-off distribution of $6.5 million or 0.271 cents per unit made in 2Q16.

SINGAPORE (Oct 19): Singapore real estate investment trusts have gone from last year’s biggest losers to this year’s best performers as their world-beating yields attract investors including BNP Paribas Investment Partners to Samsung Asset Management.