HelenJanet
2022-07-08

$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$The stock price and net income of Ascendas Reit are trending upwards, hopefully it will continue to go up to the moon 🚀🚀 and change my Tiger expression from “All in one day!” to “To the Moon!”. Then I will be able to feel the warm and be very contented.

Ascendas Reit is Singapore’s first and largest listed Business Space and Industrial Real Estate Investment Trust (REIT). As at 31 March 2022, it owns 221 properties across three key segment, namely, 1) Business Space and Life Science, 2) Logistics and 3) Industrial and Data Centres.

Ascendas Reit’s multi-asset portfolio is anchored by well-located quality properties across developed markets. As at 31 March 2022, 95 properties are located in Singapore, 36 properties in Australia, 41 properties in the United States and 49 properties in the United Kingdom/Europe.

Ascendas Reit is listed on several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. Ascendas Reit has an issuer rating of “A3” by Moody’s Investor Services.

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Comments

  • BernardLL
    2022-07-09
    BernardLL
    Will higher interest rates affect ascendas?
    • HelenJanetReplyHelenJanet: 
      I am not sure how much the higher interest rates will affect Ascendas. I am not so concern as I consider it as a long term investment with regular dividends.
    • BernardLLReplyHelenJanet: 
      But the dividends are not attractive and the money i put in can be invested elsewhere with better yields
    • HelenJanet: 
      Most REITs require some borrowed money to finance their growth strategy. The continuous rising of interest rate and the inflation rate will have significant influence on the returns of REITs.
  • Jojokibe
    2022-07-14
    Jojokibe
    Very informative, thank you for the sharing 👍
  • DonnaMay
    2022-07-09
    DonnaMay
    Thanks for your excellent post.
  • mel18
    2022-07-14
    mel18
    that's good
  • Exodus814
    2022-07-14
    Exodus814
    Have a small position too. Hope this round of reporting is good
  • winwin123
    2022-07-13
    winwin123
    As long as the gearing ratio is healthy, interest hike might not be such a big problem
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