Ascott Residence Trust

SINGAPORE (Jan 13): Singapore saw 1.2 million visitor arrivals in November, 2.5% higher compared to a year ago, according to the city-state’s tourism board.

SINGAPORE (Dec 29): UOB Kay Hian is keeping its “overweight” call on Singapore real estate investment trusts (REITs) despite visitor arrivals in Oct dipping by 1.6% y-o-y to  1.2 million visitors.

SINGAPORE (July 18): The STI has rebounded since news of the UK voting in a referendum on June 24 to leave the European Union, suggesting the market has brushed off fears over Brexit.

SINGAPORE (July 12): CapitaLand's wholly-owned serviced residence business unit, The Ascott, is acquiring a 221-unit serviced residence in Docklands, Melbourne, for A$71 million ($71 million) as part of its partnership with Australian-based apartment

SINGAPORE (June 29): CIMB has maintained its “hold” call for Ascott Residence Trust (ART), with a target price of $1.16, according to a report dated Tuesday.

SINGAPORE (June 27): UOB is recommending investors seek shelter in dividend-yielding stocks such as Singtel, ST Engineering, SPH, SATS, REITs and plantation companies on the back of continuing market volatility in the aftermath of Brexit, according to a r

SINGAPORE (June 24): Earnings of Hospitality SREITs are expected to stabilise in 2016 due to higher visitor arrivals and income from new assets, according to Fitch Ratings in a Tuesday report.

SINGAPORE (June 22): OCBC Investment Research is advocating a cautious stance ahead of the UK referendum taking place this Friday, especially toward companies with significant UK exposure.