Ascendas REIT - CGS-CIMB Research 2021-11-15: Transforming 1 Science Park Drive

Ascendas REIT - Transforming 1 Science Park Drive

ASCENDAS REAL ESTATE INV TRUST (SGX:A17U) | SGinvestors.ioASCENDAS REAL ESTATE INV TRUST (SGX:A17U)
  • Ascendas REIT (SGX:A17U) and Capitaland Development (CLD) have formed a joint venture to redevelop 1 Science Park Drive (1SPD) into a life science and innovation campus.
  • When completed, the exercise could boost Ascendas REIT’s proforma DPU by 0.5%.
  • Reiterate ADD rating on Ascendas REIT with an unchanged target price of S$3.31.



Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.



LOCK Mun Yee CGS-CIMB Research | EING Kar Mei CFA CGS-CIMB Research | https://www.cgs-cimb.com 2021-11-15
SGX Stock Analyst Report ADD MAINTAIN ADD 3.310 SAME 3.310




Read also CGS-CIMB's most recent report:
2022-02-08 Ascendas REIT - Strength Through Diversification

Check out the most recent target prices at Ascendas REIT Target Prices. Listing of analyst research reports at Ascendas REIT Analyst Report.

Relevant links:
Ascendas REIT Share Price History,
Ascendas REIT Announcements,
Ascendas REIT Dividends & Corp Actions,
Ascendas REIT News Articles





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