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Ascot Residence Trust (Ascott REIT)
Broker's Calls
Worst is over for Singapore hospitality sector but bumpy road to recovery lies ahead, says OCBC
Ascott Residence Trust remains OCBC's top pick for the sector.
March 09, 2021
Broker's Calls
PhillipCapital positive on ART as it expands investment strategy with new asset class
PhillipCapital has maintained a “buy” call and target price of $1.17 on Ascott Residence Trust despite a weaker 2HFY2020
February 03, 2021
Broker's Calls
Analysts mixed on ART, CGS-CIMB downgrades to ‘hold’
CGS-CIMB downgrades Ascott Residence Trust to "hold", but DBS Group Research still calls "buy"
January 28, 2021
Broker's Calls
Compelling value in Ascott Residence Trust despite new rental restructure: DBS
DBS Group Research has maintained its buy call on ART with a higher revised target price of $1.20
January 06, 2021
Broker's Calls
With travel back on the cards, hospitality 'waiting for lift-off': DBS
The analysts prefer Ascott Residence Trust and CDL Hospitality Trust for their attractive valuations.
December 02, 2020
Broker's Calls
Gradual recovery expected, but outlook still uncertain for hospitality REITs: CGS-CIMB
Revenue per available room (RevPAR) declined between 56% to 95% for hospitality REITs in 3Q20 due to Covid-19.
November 05, 2020
Broker's Calls
Frasers Hospitality Trust to be impacted by lockdowns, upcoming results a yardstick for S-REITS: DBS
FHT is expected to report valuations in September. This will provide a possible yardstick for other hotel S-REITs' results.
October 20, 2020
Broker's Calls
Hospitality to recover only in 2024, REITs affected: CGS-CIMB
Singapore staycation demand is encouraging, with weekends achieving occupancy up to the permitted capacity.
October 02, 2020
Broker's Calls
Still some glimmer of hope for Singapore's hospitality sector: OCBC Investment
Will Singapore's hospitality sector be able to see the sunshine again?
September 03, 2020
Broker's Calls
CGS-CIMB slashes S-REIT growth forecast due to global resurgence of COVID-19 cases
S-REITs growth forecasts cut due to weaker than expected tourist arrivals for 2H20
July 21, 2020