CapitaLand Ascendas REIT's New Acquisitions to Boost Distributions -- Market Talk

Dow Jones
08/05

0326 GMT - CapitaLand Ascendas REIT's bulls at CGS International expect future distributions per unit to rise as the trust completes new acquisitions. The analysts raise their FY 2026 and FY 2027 DPU estimates by 0.71%-2.59%, citing contributions from an incoming Singapore data center and science park property. The REIT is continuing with S$500 million worth of asset enhancements works in Singapore, which should complete between 4Q 2025 and 1Q 2028. These works should bolster CapitaLand Ascendas's income growth visibility in the medium term, they say in a note. CGS International raises its target price on the REIT to S$3.15 from S$3.10 and maintains an add rating. Units fall 1.1% to S$2.77. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

August 04, 2025 23:26 ET (03:26 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10