Ascendas REIT (SGX: A17U) is the first industrial REIT listed on the SGX.
It owns a portfolio of:
business & science park properties high-specification industrial properties data centres light industrial properties flatted factories integrated development amenities & retail properties, and logistics & distribution centreslocated across Singapore, Australia, and the UK.
Presently, Ascendas REIT (A-REIT) is worth S$9.5 billion in market capitalisation and is, thus, the largest industrial REIT in Singapore. In this article, I’ll cover its recent developments in 2019, the latest annual results as well as its stock valuation.
Here are 12 things to know about Ascendas REIT before you invest.
Disclaimer: This is not a sponsored post. Opinions expressed in the article should not be taken as investment advice. Please do your own due diligence.
Source: Ascendas REIT Overall Portfolio Value GrowthA-REIT’s portfolio value grew 10.1% year-on-year from S$10.1 billion in 2018 to S$11.1 billion in
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