CLAS

Analysts keep 'buy' call for CapitaLand Ascott Trust after lyf Funan acquisition - THE EDGE SINGAPORE

Broker's Calls

Analysts keep 'buy' call for CapitaLand Ascott Trust after lyf Funan acquisition

Citi has kept its TP of $1.12 while OIR has upped its TP to $1.10.
Funds missing from CLAS in Australia  - THE EDGE SINGAPORE

REITs

Funds missing from CLAS in Australia

Staff at a CLI unit in Australia reportedly stole funds

Results

CapitaLand Ascott Trust reports 8% y-o-y decline in 1HFY2024 DPS of 2.55 cents

The depreciation of most foreign currencies against the Singapore dollar affected distributions.

Broker's Calls

Swift and Coldplay concerts a 'gift that keeps on giving' for CLAS, says CGS International

Swift’s and Coldplay’s tours highlight the quality of CLAS’s portfolio and investment strategy
CLAS reports 1HFY2023 distribution of 2.78 cents, up 19% y-o-y - THE EDGE SINGAPORE

Results

CLAS reports 1HFY2023 distribution of 2.78 cents, up 19% y-o-y

CLAS's performance was supported by the 'twin pillars' of growth and stable income.
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