- Maintain fair value estimate of S$0.99. CapitaLand Ascott Trust's commitment to stability of distributions will improve quality and sustainability of distribution per stapled security (DPS) going forward, in our view.
Acquisition of two hotels in Japan for an aggregate purchase consideration of JPY21b
- - Read this at SGinvestors.io -
- Chisun Budget Kanazawa Ekimae is a 392-unit hotel situated in the castle town of Kanazawa, which boasts many historical and cultural attractions.
The aggregate purchase consideration of JPY21b (~S$178.5m) represents a discount of 8.3% to an independent valuation of JPY22.9b as at 1 Nov 2024
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
Ada Lim OCBC Investment Research | https://www.iocbc.com/ 2025-02-03
Previous report by OCBC:
2025-01-27 CapitaLand Ascott Trust - Exceptionalism Normalising Into Stability.
Price targets by 2 other brokers at CapitaLand Ascott Trust Target Prices.
Listing of research reports at CapitaLand Ascott Trust Analyst Reports.
Relevant links:
CapitaLand Ascott Trust Share Price History,
CapitaLand Ascott Trust Announcements,
CapitaLand Ascott Trust Dividend Payout Dates & Corporate Actions,
CapitaLand Ascott Trust News
