A number of Singapore real estate companies have been recognised for their sustainability efforts in the 2021 Global Real Estate Sustainability Benchmark (GRESB) rankings. The GRESB assesses and benchmarks the ESG performance of global assets and monitors their progress towards global sustainability...

UOB Kay Hian has added Ascott Residence Trust (ART), Singapore Telecommunications (Singtel) and Wilmar International to its alpha picks portfolio on Oct 5. “[We added] ART as a play on the European Union (EU) and UK’s Covid-19 recovery; Singtel as we like its Australian tower asset monetisation ...

The Ascott, CapitaLand Investment’s (CLI) lodging business unit, announced it has expanded its portfolio of co-living properties under the lyf brand to a total of 17 properties with over 3,000 units in 13 cities and nine countries. The expanded portfolio includes the newly opened lyf Mid-Town Hang...

Despite the recent curbs on socialising implemented on Sept 27, Jem, which is adjacent to Jurong MRT interchange, continues to be a crowded mall at weekends. As one of the more successful suburban malls, Jem is likely to be a desirable addition to the portfolio of Lendlease Global Commercial REIT (L...

Investors should accumulate reopening plays during this month of heightened uncertainty and volatility, as Covid-19 cases are expected to peak in October and stabilise thereafter, says UOB Kay Hian Research analyst Jonathan Koh. In an Oct 1 note, Koh is maintaining “overweight” on S-REITs, with ...

On the back of new Covid-19 measures that will be effective from Sept 27 to Oct 24, DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong are advising investors to “seek shelter in structural growth names”. These include industrial S-REITs such as Mapletree Logistics Tru...

UOB Kay Hian is keeping its “overweight” rating on the Singapore REITs (S-REITs) sector despite the country’s recent surge in daily Covid-19 infections. This is as most of the new infected cases are asymptomatic or have mild symptoms. Thankfully, this means that ICU admission and deaths remain...

UOB Kay Hian (UOBKH) has upgraded Ascott Residence Trust (ART) to "buy" from "hold" with a higher target price of S$1.16 compared to S$1.09 previously, as it expects the stapled group to benefit from its medium-term portfolio strategy along with a recovery in Europe.

UOB Kay Hian (UOBKH) has upgraded Ascott Residence Trust (ART) to "buy" from "hold" with a higher target price of S$1.16 compared to S$1.09 previously, as it expects the stapled group to benefit from its medium-term portfolio strategy along with a recovery in Europe.

ASCOTT Residence Trust (ART) announced last week that it will acquire a student accommodation property in Texas, in the United States, which will be its third student accommodation asset investment this year.