Showing posts with label Ascendas REIT. Show all posts
Showing posts with label Ascendas REIT. Show all posts

Thursday, 5 May 2016

Ascendas REIT - OCBC Investment 2016-05-06: Drag From Performance Fees in 4QFY16

Ascendas REIT - OCBC Investment 2016-05-06: Drag From Performance Fees in 4QFY16 Ascendas REIT ASCENDAS REAL ESTATE INV TRUST A17U.SI 

Ascendas REIT - DRAG FROM PERFORMANCE FEES IN 4QFY16

  • 4QFY16 DPU slipped 8.1% YoY
  • Positive FY16 rental reversions of 7.0%
  • Write-down of Australian portfolio
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Friday, 23 October 2015

Ascendas REIT - CIMB Research 2015-10-23: Stable outlook

Ascendas REIT - CIMB Research 2015-10-23: Stable outlookAscendas REIT ASCENDAS REAL ESTATE INV TRUST A17U.SI 

Ascendas REIT - Stable outlook 

  • 2Q DPU boosted by healthy organic growth and one-off distribution of S$6.5m. 
  • Positive rental reversions across all property segments, uplift sustained into 2H. 
  • AEIs in China and Singapore to provide another avenue of growth. 
  • Greater impact of contributions from Australian portfolio acquisition to be felt from FY17. 
  • Maintain Add, with an unchanged target price of S$2.57. 
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