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REITs

CapitaLand Ascendas REIT can weather the additional space from PDD

CLAR is large enough to weather PDD with a diversified portfolio where no building contributes more than 4.2% to GRI

Company in the news

CapitaLand to grow new economy assets in China to $5 bil

Investments will include business parks, logistics and data centres.

Broker's Calls

There are still gains to be made after the downgrade of this industrial REIT

SINGAPORE (June 20): OCBC has downgraded Ascendas REIT to “hold” from “buy” with an unchanged fair value estimate of $2.66 given valuations are no longer valuable at this juncture.

RHB strategy for 2017

One brokerage has named this stock their top industrial pick

SINGAPORE (Jan 6): RHB Research has reiterated its “buy” recommendation for Ascendas REIT, describing it as its top pick in the industrial sector.

Ascendas REIT just acquired two science park properties. What does it mean for unitholders?

SINGAPORE (Dec 6): Ascendas REIT is acquiring two properties located along Science Park Drive for $437.5 million from its sponsor Ascendas Land.

Broker's Calls

Could Mapletree Industrial Trust be the latest star of REITs?

SINGAPORE (July 28): CIMB Research is upgrading its “hold” call on Mapletree Industrial Trust to “add”, with a higher target price of $1.90 from $1.67 previously.

Mapletree Industrial Trust’s 1Q DPU rises 4.4% to 2.85 cents on higher revenue

SINGAPORE (July 26): Mapletree Industrial Trust’s (MIT’s) distribution per unit (DPU) rose 4.4% to 2.85 cents in the first quarter ended June 30, 2016, from 2.73 cents a year ago.
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