Ascendas REIT - Transforming 1 Science Park Drive
ASCENDAS 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
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.
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