Basic Profile & Key Statistics Ascendas REIT (AREIT) invests in Office, Industrial and Logistics sectors properties. It is currently the largest SREIT in terms of market cap. Lease Profile Occupancy is slightly low at 91.5%. WALE is short at 3.9 years, where highest lease expiry of 18.3% falls in FY22. Weighted average land lease expiry is slightly short at 52.84 years. Debt Profile Gearing is healthy at 36.1%. Cost of debt is moderate at 2.9% despite high unsecured debt at 89.5%. Fixed-rate debt is moderate at 80.9%. Interest cover ratio is high at 4.2. WADE is long at 3.6 years where the highest debt maturity of 18.5% falls in FY2024. Diversification Profile AREIT is not diversified in terms of Geographical as 78.5% of income is from Singapore properties. AREIT is diversified in terms of property and tenants where top property, top tenant and top 10 tenants contribute 4.7%, 4.2% and 18.1% respectively. Key Financial Metrics Property yield and distribution on capital are high at 6.1% and 4.2% respectively. Management fee is competitive in which unitholders receive S$8.26 for every dollar paid....