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Ascott REIT
Broker's Calls
Liang Court redevelopment a 'four-way win' for local real estate heavyweights, says DBS
SINGAPORE (Nov 25): As property heavyweights CapitaLand, City Developments (CDL), CDL Hospitality Trusts (CDLHT) and Ascott Residence Trust (Ascott REIT) band together to in a bid to redevelop the Liang Court site into an integrated development, market wa
November 25, 2019
Broker's Calls
12 stocks that could get a boost from IR 2.0
SINGAPORE (Apr 5): The $9 billion investment to renew and refresh Singapore’s two integrated resorts (IRs) could provide some vibrancy to the domestic economy in the next few years and whip up some optimism in the city-state, says CGS-CIMB Research.
April 05, 2019
Update
Ascott Raffles Place divestment in line with market & legal practices, maintains REIT manager
SINGAPORE (Jan 22): The manager of Ascott Residence Trust (Ascott REIT) has filed a clarification letter to the Singapore Exchange (SGX) in response to a letter published in the forum of The Straits Times on Monday, which questioned the gap between the va
January 22, 2019
Broker's Calls
OCBC positive on Ascott REIT first rating of BBB from Fitch's
SINGAPORE (Oct 2): OCBC Investment Research is keeping Ascott Residence Trust on “hold” with an unchanged fair value estimate of $1.10.
October 02, 2017
Broker's Calls
DBS ‘supportive’ of Ascott REIT divestment of 2 China properties
SINGAPORE (July 4): DBS Group Research says Ascott Residence Trust’s (ART) divestment of two serviced residence properties in China – Citadines Biyun Shanghai and Citadines Gaoxin Xi’an – are consistent with its growth strategy.
July 04, 2017
Ascott REIT to divest 2 China properties for $198 mil
SINGAPORE (July 3): Ascott Residence Trust has entered into two conditional agreements to divest its interests in two serviced residence properties in China – Citadines Biyun Shanghai and Citadines Gaoxin Xi’an – for a total consideration of RMB 980
July 03, 2017
Ascott Residence Trust acquires Doubletree by Hilton hotel in Manhattan for $148 mil
SINGAPORE (May 31): Ascott Residence Trust (ART) is acquiring DoubleTree by Hilton Hotel New York – Times Square South for US$106 million ($148.4 million), a 224-unit freehold property located on 36th Street in Midtown Manhattan.
May 31, 2017
Stocks To Watch
Fischer Tech, Singtel, StarHub, M1, ISR Capital, Ascott REIT, CNMC, KS Energy
SINGAPORE (April 5): Here are some stocks that could move the market this Wednesday morning.
April 05, 2017
Broker's Calls
REITs and developers to ‘buy’ on improving economic fundamentals
SINGAPORE (March 17): As global economic fundamentals begin to improve, DBS Vickers Securities is expecting prices to be supported for Singapore REITs (S-REITs) in the near term given earlier fears that the Fed would be more hawkish.
March 17, 2017