ASCENDAS India Trust (a-iTrust) reported a 4 per cent increase in net property income for its first quarter ended March 2022 on the back of higher total property income.

Are mergers good for investors?As the S-REIT market evolves, M&A activity has increased in line with other mature REIT markets. Within each market, sponsors/REIT managers may execute M&A differently that best leverages on their strengths. Regardless of the differences, sponsors would take ca...

Missteps along the wayThat CLI has managed to outperform the Straits Times Index and other real estate-based companies, including developers, is a credit to the foresight of its current management team. It was not always like this.In 2014, CapitaLand divested Australand which was focused on logistic...

ASCENDAS India Trust (a-iTrust) on Thursday (Mar 24) entered into definitive agreements to acquire a 330,000 square foot warehouse in Panvel, Navi Mumbai, for 2.2 billion rupees (S$38.7 million).

Similar to these six warehouses, the seventh warehouse will also be leased and operated by a subsidiary of the group for a period of six years. The acquisition of this warehouse is expected to be completed shortly.“The acquisition enables a-iTrust to further expand its presence in the logistics se...

DBS Group Research and Jefferies on Thursday (Jan 27) lowered their target price (TP) for Ascendas India Trust to S$1.70 and S$1.65 respectively, from a previous TP of S$1.80.

DBS Group Research and Jefferies on Thursday (Jan 27) lowered their target price (TP) for Ascendas India Trust to S$1.70 and S$1.65 respectively, from a previous TP of S$1.80.

THE following companies saw new developments that may affect trading of their securities on Thursday (Jan 27):

ASCENDAS India Trust on Wednesday (Jan 26) posted a distribution per unit (DPU) of S$0.036 for the second half of the fiscal year 2021 ended December, down 14 per cent from a DPU of S$0.0419 in the corresponding year-ago period.

Ascendas India Trust (a-iTrust) has reported a distribution per unit (DPU) of 3.60 cents for the 2HFY2021 ended December, 14% lower than the 4.19 cents posted in the 2HFY2020. This brings FY2021 DPU to 7.80 cents, which is 11% lower than FY2020’s DPU of 8.83 cents. According to the REIT manager, t...