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Sector: Real Estate, Industry: Real Estate Services
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Broker's take: DBS upgrades a-iTrust to 'buy' on warehouse acquisitions

27 Nov 2017 - Business Times Breaking News
ASCENDAS India Trust (a-iTrust) had their rating upgraded from "hold" to "buy" by DBS Equity Research, as analysts believe that the acquisition of a portfolio of warehouses is a "transformative transaction" that heralds a new leg of growth beyond its exposure to the already fast-growing business space ...
sgx:cy6u

Ascendas India Trust: Signs Binding Agreements For The Acquisition Of 6 Warehouses In Panvel For S$112.5 Million.

24 Nov 2017 - ShareInvestor Express
Ascendas India Trust is pleased to announce the signing of definitive agreements for the acquisition of six income-producing warehouses with a total floor area of 0.8 million square feet from Arshiya Limited. The transaction closing is subject to the completion of certain conditions precedent. Located ...
sgx:cy6u

Ascendas India Trust in deal to acquire six warehouses for 5.34b rupees

23 Nov 2017 - Business Times Breaking News
ASCENDAS India Trust (a-iTrust) has agreed to acquire six warehouses from Arshiya Limited for 5.34 billion rupees (S$112.5 million). In a late night announcement on Thursday, its trustee-manager, Ascendas Property Fund Trustee, said it has signed definitive agreements for this acquisition.The closing ...
sgx:cy6u

Ascendas India Trust's Q2 net property income rises 26% to S$31.6m

25 Oct 2017 - Business Times Breaking News
HIGHER rentals and new income contribution lifted results for Ascendas India Trust (a-iTrust) in its second quarter.In Singapore dollar (SGD) terms, net property income jumped 26 per cent to S$31.6 million from the year-ago period, the group said in a Singapore Exchange filing on Wednesday evening.For ...
sgx:cy6u

Ascendas India Trust: Reports 10% Growth In DPU For 2Q FY17/18.

25 Oct 2017 - ShareInvestor Express
In Indian Rupee terms, second quarter revenue grew by 18% to INR2.2 billion due to incremental rental income from aVance 4, BlueRidge 2, Victor building, and positive rental reversions from existing properties. The healthy revenue growth led to an increase of 20% in net property income to INR1.5 billion. ...
sgx:cy6u

Broker's take: DBS Vickers downgrades Ascendas India Trust on disappointing Q1 2018

25 Jul 2017 - Business Times Breaking News
DBS Vickers on Tuesday downgraded Ascendas India Trust (a-iTrust) to a "hold" from a "buy", and cut its target price to S$1.15 a unit from S$1.20.Since the research house upgraded the trust to a "buy" 18 months ago, its price has rallied more than 30 per cent."However, with a weaker-than-expected Q1 ...
sgx:cy6u

Ascendas India Trust's Q1 DPU dips to 1.31 cents

24 Jul 2017 - Business Times Breaking News
HIGHER current income tax expenses and income hedging losses arising from the appreciation of the Indian rupee against the Singapore dollar eroded results for IT park owner Ascendas India Trust (AIT) in its first quarter.Distribution per unit (DPU) dipped to 1.31 Singapore cents from 1.36 Singapore cent ...
sgx:cy6u

Ascendas India Trust: Reports Healthy First Quarter Revenue Growth.

24 Jul 2017 - ShareInvestor Express
One-time settlement costs incurred with key tenant as Park Square Mall repositioning project nears completion...
sgx:cy6u

Ascendas India Trust Q4 DPU up 10%

26 Apr 2017 - Business Times Breaking News
ASCENDAS India Trust reported a ten per cent year on year increase in fourth quarter distribution per unit (DPU) to 1.54 Singapore cents.Total property income rose 23 per cent to S$44.2 million thanks to positive rental reversions as well as incremental income from new acquisitions and development. Meanwhile, ...
sgx:cy6u

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