Ascendas Hospitality Trust (Ascendas H-Trust) is a SGX-listed stapled group that invests in hospitality based real estate located across Asia. The trust was listed on 27 July 2012 with an initial portfolio of 7 properties valued at S$ 1.1 billion. Since then, the trust has enlarged its portfolio to 11 properties valued at S$ 1.6 billion as at 31 March 2017.
In this article, I’ll list down 10 things that you need to know about Ascendas H-Trust before you invest.
#1: Stock Symbol
Ticker Symbol: SGX: Q1P
Market Capitalization: S$ 992.2 Million (26 December 2017)
Share Price: S$ 0.88 (26 December 2017)
#2: The Business
Ascendas H-Trust derives income from hospitality based real estate located in:
Ascendas H-Trust has 6 properties in Australia namely:
- Pullman and Mercure Melbourne Albert Park
- Pullman and Mercure Brisbane King George Square
- Pullman Sydney Hyde Park
- Novotel …