Ascendas Real Estate Investment Trust (A17U.SI)

SGD 2.52

(-1.18%)

Market Cap (In SGD)

11.08 Billion

Revenue (In SGD)

1.52 Billion

Net Income (In SGD)

178.47 Million

Avg. Volume

11.98 Million

Currency
SGD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
2.51-3.05
PE
-
EPS
-
Beta Value
0.504
ISIN
SG1M77906915
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Industrial
CEO
Mr. Wee Leong Tay
Employee Count
-
Website
https://www.ascendas-reit.com
Ipo Date
2005-09-30
Details
Ascendas Real Estate Investment Trust (Ascendas Reit) is Singapore's first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. As at 31 December 2020, Ascendas Reit's investment properties under management stood at S$13.7 billion. The portfolio comprises 200 properties across the developed markets of Singapore, Australia, the United Kingdom and the United States. Ascendas Reit's portfolio includes business and science parks, suburban office properties, high-specifications industrial properties, light industrial properties, logistics and distribution centres, and integrated developments, amenities and retail properties. These properties house a tenant base of more than 1,450 international and local companies from a wide range of industries and activities, including research and development, life sciences, information technology, engineering, light manufacturing, logistics service providers, electronics, telecommunications, manufacturing services and back-room office support in service industries. Major tenants include Singtel, Stripe, DSO National Laboratories, Pinterest, DBS, CareFusion, Wesfarmers, Citibank and JPMorgan. Ascendas Reit is listed in several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. Ascendas Reit has an issuer rating of ‘A3' by Moody's Investors Service. Ascendas Reit is managed by Ascendas Funds Management (S) Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia's largest diversified real estate groups.