Ascot Residence Trust (Ascott REIT)

Broker's Calls

DBS positive on hospitality S-REITS ahead of eventful 3QFY2022

DBS analysts recommend accumulating units in hospitality S-REITs ahead of a projected re-rating as travel demand returns strongly.
Analysts keep ‘buy’ on Ascott Residence Trust in light of strong RevPAU trajectory - THE EDGE SINGAPORE

Broker's Calls

Analysts keep ‘buy’ on Ascott Residence Trust in light of strong RevPAU trajectory

Analysts are positive on ART and foresee steady growth ahead for 2HFY2022 on the back of strong pent-up demand for travel
Ascott Residence Trust meets 'pent up' demand, plans higher distribution of 2.33 cents per unit - THE EDGE SINGAPORE

Results

Ascott Residence Trust meets 'pent up' demand, plans higher distribution of 2.33 cents per unit

With a gearing of 37.5% as at June 30, ART has a debt headroom of $1.8 billion

Environmental, Social and Governance

Ascott Residence Trust is first hospitality trust to issue $200 mil sustainability-linked bond

ART is the largest hospitality trust in APAC with an asset value of $7.7 billion as at Dec 31, 2021

Broker's Calls

UOBKH sees possible US recession due to inverted yield curve, but still overweight S-REITs

Could the inversion of the yield curve signal a recession? UOB thinks so, but is still positive on the S-REIT sector.
UOBKH notes impact of sustained Covid-19 outbreak in China, but maintains estimates for STI companies - THE EDGE SINGAPORE

Broker's Calls

UOBKH notes impact of sustained Covid-19 outbreak in China, but maintains estimates for STI companies

Will the Covid-19 resurgence in China hit stocks that derive their earnings from there?

REITs

Ascott REIT to buy five properties in Japan for $125 mil

The acquisitions will help boost the portfolio's resilience

Broker's Calls

Maintain ‘overweight’ on S-REITS even though recovery is delayed

While the recovery for hospitality REITs are delayed, it is not disrupted, says UOB Kay Hian.
DBS adds pandemic recovery plays ART, FEHT and CapitaLand to its Singapore equity picks - THE EDGE SINGAPORE

Broker's Calls

DBS adds pandemic recovery plays ART, FEHT and CapitaLand to its Singapore equity picks

DBS has added Ascott Residence Trust, Far East Hospitality Trust and CapitaLand as its equity picks for Singapore.
Broker's Digest: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT

Take a look at these stocks this week: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT
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