ascendas reit quarterly report


FY10/11 amount available for distribution increased by 5.6% y-o-y to S$248.0 million. tweet; For those lazy to look back into past annual reports to find out whether a REIT has performed well, here are a bunch of charts that show you how Ascendas REIT fared based on their latest 2016 annual report. Login via POEMS / StocksBnB account. It achieved strong positive reversion of 8.0% on a portfolio-wide basis. Find the latest ratings, reports, data, and analytics on Ascendas Real Estate Investment Trust Rental reversions picked up at 3.2%, pointing to a brighter outlook. Brokers' take: Ascendas Reit upgraded to 'add', analysts note strong fundamentals, Companies & Markets - THE BUSINESS TIMES Ascendas REIT 1Q20 - UOB Kay Hian 2020-04-29: Potent Combination Of Diversified Asset Mix & Defensive Balance Sheet. This was followed by First REIT and Keppel DC REIT, which unveiled their results last week and yesterday respectively. Ascendas India Trust is focused on capitalising on the fast growing IT and logistics industries in India. SPH REIT kick-started the latest quarterly reporting season for S-REITs earlier this month with the release of its fiscal second quarter results ended 28 February 2019. The distribution amount has been partially offset by increase in non-property operating expenses related to new acquisitions as well as higher net finance costs caused by higher average debt balances. ANALYSTS like Ascendas Real Estate Investment Trust (A-Reit) for its robust balance sheet, diversified portfolio and tenant base, and its better portfolio occupancy achieved in the third quarter. Ascendas REIT - DBS Research 2019-01-30: Building Blocks For A Brighter Future. On the back of heightened volatility induced by COVID-19, REITs in Singapore and globally have witnessed large price fluctuations while dipping into a bear market. Tweet on Twitter. Achieved a net revaluation gain of about S$344.8 million. Your ... Get access to all the latest market news, reports, technical analysis by signing up for a free account today! ASCENDAS REIT (SGX:A17U) has announced its first US portfolio deal following stable Sep 2019 quarterly results. By. Ascendas REIT reported another stable set of operating results. Kuaishou IPO Mega Listing – What It Means To The Stock Market? The manager of Ascendas Real Estate Investment Trust (Manager) sets the strategic direction of Ascendas Real Estate Investment Trust (Ascendas Reit) and its subsidiaries (Ascendas Reit Group) and make recommendations to HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of Ascendas … The information behind this electronic gatepost is only being made available to residents of Singapore. DPU of 3.27 cents for the reporting quarter. I have went through the update and in this post, you'll find key highlights from it, … REPORT FOR THE PERIOD FROM 1 APRIL 2019 TO 31 DECEMBER 2019. Here are the key highlights of Ascendas REIT – Results and business updates. As Ascendas REIT have switched to half-yearly reporting, it reported just the major key updates for the first quarter of financial year 2020 ended 31 March 2020 yesterday (28 Apr) after trading hours. See Ascendas REIT Announcements. Dinesh Dayani; May 26, 2020 . This volume is a collection of 'thick descriptions' or 'micro-histories' of cases of demonic possession from different periods and cultures meant to elucidate the intricate and Multi-faceted character of demonic possion as a cultural Ascendas India Trust is a property trust which owns seven IT parks and one logistics park in India with total floor area of 13.1 million sq ft spread across Bangalore, Chennai, Hyderabad, Pune and Mumbai. S-REIT Report Card: Here’s How Singapore REITs Performed In Second Quarter 2020. Stock analysis for Ascendas Real Estate Investment Trust (AREIT:Singapore) including stock price, stock chart, company news, key statistics, fundamentals and company profile. This represents a slight decline over the S$0.03993 ($0.03) that the company paid out for the prior year quarter. Ascendas REIT - Maybank Kim Eng 2019-11-04: Scaling Up Again. SIGN UP FOR FREE NOW . Ascendas REIT published their latest 2019 annual report for the financial year ended 31 December 2019 last Monday (13 April.) 3Q19 gross revenues came in 4.2% higher y-o-y to S$226.4m. Portfolio occupancy also edged higher by 0.8ppt q-o-q to 91.7%. In this post, you will find a summary I've compiled - including its latest financial statistics, portfolio occupancy and debt profile, as well as its distribution payouts to unitholders. Cash of $290mn and committed facilities of $200mn to meet operating cost and distributions. Although Ascendas REIT’s portfolio occupancy was firm, average portfolio rental reversions for leases renewed in 3Q20 came in at -2.3%. Ascendas REIT declared a quarterly distribution of S$0.0397 ($0.03) per trust unit. The positive reversions are an encouraging sign as 36.2% of the REIT’s gross rental income is due for renewal in FY2021 and FY2022. Ascendas REIT (SGX:A17U) impresses with impeccable execution. Ascendas REIT Annual Report FY2019. Another steady quarter with occupancy rates staying ahead of expectations. Ascendas Reit continues to grow its Australian logistics portfolio with S$69.1 million acquisition 2020-12-23 17:43:00 Asset Acquisitions and Disposals Change in interest in units in Ascendas Real Estate Investment Trust held by AFM - Ascendas Reit, Earnings Report. Ascendas REIT - Phillip Securities 2020-05-04: Built To Last. 15% of Ascendas REIT (SGX:A17U)'s tenants are SME or in trade sectors that are likely to be impacted (aviation, F&B, retail, Oil & Gas hospitality/leisure). Ascendas REIT recently released its full financial report for fiscal year (FY) 2020, and here are four important takeaways. 0. A-Reit Q1 2011 Quarterly Earnings Report: Press Release; Financial Statements ; Presentation Slides ; Supplementary Info; Key Points. NPI increase, DPU dips Ascendas REIT’s gross revenue for the year came in at S$1.05 billion for FY2020, a year on year increase of 13.6%. Ascendas REIT reports healthy Q1 performance Its portfolio recorded a positive rental reversion of 8%. Overall, the REIT enjoyed positive rental reversions of 3.8% in FY2020. Share on Facebook . Beats wall street's estimate of $40.2B. Soilbuild Business Space REIT will announce its results today. Ascendas REIT’s latest annual report in 26 charts. REITs also increased their weighted average term to maturity on debt from 82.5 months in the second quarter to 84.9 months. Ascendas REIT benefits from strong demand for logistics space in Singapore. Tenants asking for rental relief/deferments account for < 1% of revenue. 825. Ascendas REIT - Phillip Securities 2021-02-05: ... Microsoft's 2Q2021 Earnings Report - Impressive Revenue & Earnings Beat! Another blue-chip REIT in my long-term investment portfolio (you can check out a list of all the companies I’ve invested here), Ascendas REIT (SGX:A17U), released its business updates for the third quarter of the financial year 2020 (ended 30 September) after market hours yesterday (26 October 2020.). In our REITs Report Card column, we feature the performance of REITs every quarter. The portfolio in the United Kingdom comprises logistics properties located in established industrial areas across various regions in the United Kingdom including Yorkshire and the Humber, North West England, East and West Midlands, South East England and East of England. The total amount for distribution of Ascendas REIT climbed by 6.7% YoY in FY 2020 to $538.4m, according to a report by REIT manager Ascendas Funds Management. Manager’s Role. However, REITs strengthened their balance sheets in the third quarter lowering leverage from 52.0% of book assets in second quarter 2020 to 50.8%. Singapore, 28 April 2020 – The Board of Directors of Ascendas Funds Management (S) Limited (the Manager), the Manager of Ascendas Real Estate Investment Trust (Ascendas Reit), is pleased to report that Ascendas Reit delivered a healthy operational performance for the financial quarter ended 31 March 2020 (1Q FY2020).. How Singapore-listed REITs Performed In The Year-To-Date 2020 The first three months of 2020 has seen its fair share of volatility, with the ongoing US-China trade war sanctions, a generally slowing global economy, and also hit with Covid-19, a novel Coronavirus which originated in Wuhan, China. Click here to listen to this research podcast. ASCENDAS INDIA TRUST (CY6U.SI) General ASCENDAS INDIA TRUST (CY6U.SI) Share Price ASCENDAS INDIA TRUST (CY6U.SI) Target Price ASCENDAS INDIA TRUST (CY6U.SI) Analysts Say ASCENDAS INDIA TRUST (CY6U.SI) Corporate Actions ASCENDAS INDIA TRUST (CY6U.SI) Announcements ASCENDAS INDIA TRUST (CY6U.SI) News ASCENDAS INDIA TRUST (CY6U.SI) Bloggers Say - *Future pillars of growth* - Revenue grew 17% yoy to $43.1B. 14th straight quarters of double-digit sal... 1 week ago SGMoneyMatters. This was the first negative rental reversion registered since the quarter ending 31 Mar 2018. Ascendas Real Estate Investment Trust (Ascendas REIT) reported a ‘healthy operational performance’ for Q1, as it braces for more challenges and uncertainties due to the current operating environment, the REIT announced in an SGX filing. Only three REITs have delivered a positive total return in the first half of 2020. by. Ascendas REIT also enjoyed positive rental reversions of 2.5% in the fourth quarter of 2020, a positive sign after negative reversions of 2.3% in the prior quarter. ASCENDAS Reit's manager announced in a business update that it delivered a "healthy" operational performance for its first quarter ended March 31. Ascendas Real Estate Investment Trust (Ascendas Reit), and Grab, the leading O2O mobile platform in Southeast Asia, announced that they will construct Grab’s new headquarters in Singapore.. Ascendas REIT (SGX:A17U) made available its latest financial results for the full-year 2020 ended 31 December 2020 yesterday evening (02 February 2021.) Ascendas REIT – Hungry for growth February 8, 2021 207. David - October 2, 2017. Ascendas Reit has a well-diversified portfolio of 96 properties in Singapore, 36 properties in Australia, 38 properties in the United Kingdom and 30 properties in the United States as at 31 December 2020.