Listed in July 2012, Ascendas Hospitality Trust (A-HTrust) owns a portfolio of hospitality properties located across Asia-Pacific. As at 31 March 2018, A-HTrust’s portfolio was valued at S$1.6 billion.
In this article, I’ll provide an overview of A-HTrust’s latest financial results, updates on its property portfolio, and look at a few valuation metrics to evaluate its investment potential at its current price. Here are 13 things to know about Ascendas Hospitality Trust before you invest.
1. As at March 2017, A-HTrust owned 11 hotels — six in Australia, two in China, two in Japan, and one in Singapore. The hotels in Australia and China are leased under management contracts where A-HTrust earns a variable income from their performance. For its hotels in Japan and Singapore, A-HTrust receives a stable income from master leases where rental rates are fixed. In FY2017, A-HTrust made 57% of its net property …