[New post] CIMB: Ascendas REIT – ADD TP $3.20 (Previous $3.31)

alanyeo posted: " Strength through diversification ■ 2H/FY21 DPU of 7.598/15.258 Scts in line, at 49/1%/987% of our FY21 forecast.■ It saw healthy improvement in portfolio occupancy to 93.2%, and achieved positive rental reversion of 4.5% for FY21.■ Reiterate Add, with" New post on Alpha Edge Investing CIMB: Ascendas REIT – ADD TP $3.20 (Previous $3.31) by alanyeo Strength through diversification ■ 2H/FY21 DPU of 7.598/15.258 Scts in line, at 49/1%/987% of our FY21 forecast.■ It saw healthy improvement in portfolio occupancy to 93.2%, and achieved positive rental reversion of 4.5% for FY21.■ Reiterate Add, with a lower DDM-based TP of S$3.20. 2H21 results highlight AREIT reported 2H21 gross revenue of S$640.5m (+21.3 […] Read more of this post alanyeo | February 9, 2022 at 4:32 pm | Tags: Ascendas REIT | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-7SR Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2022/02/09/cimb-ascendas-reit-add-tp-3-20-previous-3-31/