Depending on how shareholders vote on Aug 10 in an EGM and scheme meeting, CapitaLand Investment (CLI) is likely to make an appearance on the Singapore Exchange on Sept 17. When it does, investors may ponder, how heavy or light should CLI’s balance sheet be? During a briefing on Aug 17, Andrew Lim...

Analysts from CGS-CIMB Research, Maybank Kim Eng and OCBC Investment Research (OIR) have kept “add” or “buy” Ascott Residence Trust (ART) after the REIT reported 95% higher distribution per stapled security (DPS) of 2.045 cents for the 1HFY2021 ended June. CGS-CIMB’s Eing Kar Mei and Lock ...

ANALYSTS from Maybank Kim Eng and CGS-CIMB reiterated "buy" calls on Ascott Residence Trust (ART) on Tuesday, both projecting recovery despite it reporting lower revenue and gross profit in its H1 2021 earnings results.

CAPITALAND subsidiary Ascott Residence Trust (ART) on Tuesday reported a 95 per cent increase in its distribution per stapled security (DPS) to 2.05 Singapore cents for the first-half ended June 30, from 1.05 cents for the year-ago period.

Ascott Residence Trust (ART) has reported distribution per stapled security (DPS) of 2.045 cents for the 1HFY2021 ended June, 95% higher than DPS of 1.047 cents in the corresponding period the year before. The surge in DPS was due to the trust’s active portfolio optimisation, says the manager. Dis...

CAPITALAND subsidiary Ascott Residence Trust (ART) on Tuesday reported a 95 per cent increase in its distribution per stapled security, at 2.05 Singapore cents - up from 1.05 cents for the year-ago period.

THE following companies saw new developments that may affect trading of their securities on Tuesday:

The Ascott Limited, the wholly-owned lodging business unit of CapitaLand Limited, has signed over 8,300 units across over 30 properties in the first seven months of 2021. The figure represents an over 40% growth y-o-y compared to the same period in 2020. This marks the fourth straight year of record...

If everything goes according to plan, and shareholders vote in favour of the various inter-dependent resolutions at CapitaLand’s EGM and scheme meeting on Aug 10, CapitaLand Investment (CLI) is likely to make its debut on Sept 17. Based on the valuation of $4.102 each CapitaLand shareholder receiv...

CGS-CIMB Research anticipates Singapore hospitality REITs to deliver better revenue per average room (RevPAR) in the 2Q2021, on the back of government contracts in Singapore combined with better performance from select overseas markets. For Singapore, analysts Eing Kar Mei and Lock Mun Yee point out...