Ascott Residence Trust

The year’s top gainer was no surprise (see chart 1). Keppel DC REIT is in demand because data centres are in demand, and supply is likely to be limited given that Singapore is curbing the building of more data centres. Ascendas Hospitality Trust was acq

SINGAPORE (Dec 2): In April this year, following overwhelming votes in an extraordinary general meeting (EGM) in favour of resolutions by CapitaLand’s independent shareholders to acquire Ascendas-Singbridge (ASB), Quarz Capital Management (QCM) wrote an

SINGAPORE (Feb 7): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality space as the sector’s REITs – namely CDL Hospitality Trusts (CDL HT), Ascott Residence Trust (ART) and Far East Hospitality Trust (FEHT) – rally

(Oct 30): The market is warming up to luxury watch retailer The Hour Glass, which we added to our Singapore Market Portfolio on Oct 10. During the week to Oct 24, the stock rallied 6.2%, on reports that Swiss watch exports to Singapore saw a 90% y-o-y sur

SINGAPORE (July 21): CIMB says it is not impressed by Ascott Residence Trust’s 1H17’s operational numbers given flat y-o-y gross profit.

SINGAPORE (June 1): DBS Vickers says it is “generally positive” on Ascott Residence Trust’s most recent acquisition given the expected DPU accretion although much will depend on how it is funded.

SINGAPORE (April 17): Here are some stocks that could move the market this Monday morning.

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 (Jan 18): OCBC Investment Research is keeping its “neutral” rating on Singapore’s hospitality sector on expectations of a challenging 2017, but highlighting opportunities for dollar-cost averaging in 2018.