I am vested with 15 lots of Ascott Reits since my last participation in their Rights Issue which they raised back in Nov 2013. If you are interested, you can view them here and here. Before that in Jan 2013, they have raised another private placement which you can view them here.
I don't have a crystal ball, but I am going to make a bold prediction regarding the Reit.
Every investor of Ascott Reit should know the management objective which they have highlighted several times in the past years. They are on a sprint global expansion to have operational 80,000 units by 2020. Yesterday, there is an article (here) that further emphasized on this goal.
In the article, Lee Chee Koon, Ascott's CEO, said:
"In 2015, there will be no let-up in our expansion. We will continue our global expansion, with a target to open more ...
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