Shares & Derivatives
Ascendas REIT’s Australian Acquisition and the direction of Industrial REIT going forward
By Investment Moats  •  September 26, 2015
I got quite interested in this recent Ascendas REIT acquisition down under. Ascendas REIT is one of the biggest REIT in Singapore and one the oldest REIT in Singapore. Since its listing in early 2002, their XIRR is 16%, while for the past 10 years the XIRR is about 6.77%. It is currently priced at $2.30 and yields 6.2%. Ascendas REIT owns the largest portfolio of industrial properties mainly in Singapore and now have some footprints overseas. To see how its dividend yield and debt leverage compares against other industrial REITs, REITs and dividend yielders, you can keep book mark my daily updated Dividend Stock Tracker here. Ascendas proposed an acquisition of 26 logistics properties in Australia which belongs to Frasers Property Australia and the real estate arm of Singapore’s GIC. The total value is A$1.013 billion. This acquisition is big. Consider the current value of ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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