Somerset Xu Hui Shanghai

Ascott Residence Trust divests Somerset Xu Hui Shanghai for $215.6 mil - THE EDGE SINGAPORE

REITs

Ascott Residence Trust divests Somerset Xu Hui Shanghai for $215.6 mil

Completion is expected to take place in 2Q2021.

Broker's Calls

‘Business as usual’ for Ascott REIT post-Brexit

SINGAPORE (Sept 15): Daiwa Capital Markets is keeping its “outperform” rating on Ascott Residence Trust (Ascott REIT) with an unchanged target price of $1.24, amid “business as usual” for the REIT in the UK post-Brexit.
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