Basic Profile & Key Statistics Ascendas REIT (AREIT) is a diversified REIT that invests in Business Park, Industrial, Logistics and Integrated Development Amenities and Retail (IDAR) properties. AREIT currently owns 198 properties across Singapore, U.S., Australia and England. Quarter Performance Review There is no financial statement released in this quarter due to the adoption of half-yearly reporting. Rental reversion was -2.3% in 3Q 2020, but +4.2% for this year. The drag is from Singapore, especially from Logistics & Distribution Centres. However, business parks in Singapore and U.S. both are getting positive rental reversion. AREIT has completed the acquisition of 254 Wellington Road and 2 AEIs in 3 Q 2020 which should slightly boost its revenue. This acquisition is only around 0.8% of AREIT property valuation. There are a few development, redevelopment and AEIs. In which 2 AEIs are expected to be completed by this year and 3 developments are expected to completed by 2021...