Ascott REIT

SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise $442.7 million for the purchase of three properties in Germany and Singapore will be dilutive to both yield and net asset value (NAV) of the REIT, according to a note by Religare Cap

SINGAPORE (Oct 21): Here are some factors and stocks that could move the market this Friday morning:

SINGAPORE (Oct 20): Ascott REIT announced 3Q16 distributable income achieved a record $38.7 million, up 21% from a year ago. Distribution per unit or DPU for 3Q16 also hit a three-year high, rising 14% to 2.35 cents.