$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$Ascendas is S'pore's 1st and largest listed business space and industrial real estate investment trust. Listed since 2002, its AUM stands at $13.7 billion with over 200 properties S'pore, Australia, the UK and USA. Types of properties include business and science parks, suburban office properties, industrial properties, logistics and distribution centres etc. Ascendas Reit is managed by Ascendas Funds Management (S) Limited, a wholly owned subsidiary of CapitaLand, one of Asia's largest diversified real estate groups. With a strong parent company, good capital growth opportunities and decent dividends at +/-5% plus the 2.65 price is amongst Ascendas lowest in the past 1 yr, it is a good counter to start accumulating.
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