JeslinToh
2022-08-10

The Largest Industrial S-REIT Creating Waves!

$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$has been making its investors really happy with its good performance in H1 2022. Improved occupancy rates, rental reversions and last but not least a growth in DPU!

It is on track to deliver a 4.6% increase in DPU in2022. This is definitely a good news for investorsas now they stand to enjoy a better stream of dividend income from Ascendas REIT.

So what is Ascendas REIT doing right to achieve such good results? It seems like the company has been making strategic acquisitions across the globe in the past year including but not limited to 11 data centres in Europe and 7 logistical properties in Chicago. This has largely contributed to its improved revenue to H1 2022.

Watch this space as I will cover more S-REITS aswe go along!

@TigerStars@Daily_Discussion@CaptainTiger

๐Ÿ’ฐ Stocks to watch today?(15 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? ๐ŸŽ Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
2