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Ascott Residence Trust (ART)
Broker's Calls
'Stars are aligned' for hospitality and office REITs, which will 'continue to shine': DBS
“We believe that the hospitality and office sectors will continue to shine on the back of improving fundamentals.”
May 25, 2022
Broker's Calls
Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS
The analysts estimate that the STI will be trading between support at 3,200 to 3,250 points with near-term resistance at 3,408.
May 06, 2022
Broker's Calls
DBS keeps 'buy' on Ascott Residence Trust as longer stay portfolio pulls its weight
ART plans to further increase the proportion of longer stay properties within its portfolio to 25 to 30%
May 02, 2022
Results
Ascott Residence Trust reports RevPAU of $67 in 1QFY2022, up 22%
Looking ahead, the trust says it expects to report stronger figures in 2022 as the world returns to normalcy.
April 29, 2022
Broker's Calls
DBS remains positive on hospitality S-REITs as RevPAR-led recovery in DPUs to outweigh higher interest cost worries
The hospitality S-REITs subsector is still currently trading at attractive valuations even with the re-rating in prices: DBS
April 15, 2022
Broker's Calls
Stars 're-aligning' for hospitality S-REITs sub-sector with ART, CDLHT and FEHT being analysts' top picks
Units in ART, CDLHT, FEHT closed $1.12, $1.29 and 65 cents respectively, while units in FHT closed at 49 cents on March 25.
March 26, 2022
Results
Ascott Residence Trust reports 2HFY2021 DPS of 2.27 cents, up 14% on one-off divestment gain
DPS for the FY2021 grew 43% y-o-y to 4.32 cents.
January 28, 2022
Company in the news
Ascott Residence Trust acquires four student accommodation properties in the US
With the new acquisition, ART has built a portfolio of eight student accommodation assets with about 4,400 beds in under a year.
December 27, 2021
Broker's Calls
Broker's Digest: Microsoft Corp, Keppel REIT, ART, SGX, CICT
See what our analysts have to say about these counters.
December 17, 2021
Broker's Calls
Time to 'bask in the sun' as recovery trends continue for these S-REITs: DBS
"With the Singapore economy still strong, we see stronger domestic retail sales driving an approximately 5-6% rise in DPU."
December 17, 2021