Ascendas REIT's Active Portfolio Management to Drive Growth
Ascendas Real Estate Investment Trust’s third-quarter fiscal-year 2019 (ending March) results were largely in line with expectations. Net property income increased by 6.6% year over year to SGD 168 million on the back of a 4.2% year-over-year increase in revenue to SGD 226 million. The increase in revenue and net property income was mainly driven by its acquisition of two U.K. logistics property portfolios that was completed in August and October 2018 and the completion of the redevelopment of 2...Ascendas Real Estate Investment Trust is a business space and industrial real estate investment trust. Co.'s principal activity is to invest in a portfolio of properties and property related assets. Co.'s portfolio comprises the following segments: business and science parks, hi-tech industrial properties/data centres, light industrial properties/flatted factories, logistics and distribution centres, and warehouse retail facilities. As of Mar 31 2012, Co. had a portfolio of 101 properties in Singapore and one property in China that comprised a business park property in Beijing.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.