Ascott Residence Trust prices private placement at bottom of indicative range
Ascott Residence Trust priced its private placement at S$0.983 a stapled security, the bottom of the S$0.983 to S$1.014 indicative range.
Ascott Residence Trust priced its private placement at S$0.983 a stapled security, the bottom of the S$0.983 to S$1.014 indicative range.
Singapore companies which may be in focus Thursday, 9 Sept. 2021: Libra, Alliance Healthcare, NutryFarm, Mapletree North Asia Commercial Trust, NeraTel, Miyoshi, Acesian Partners, Metech and Koon Holdings.
Ascott Residence Trust plans a private placement to raise S$150M, with some proceeds earmarked to fund a Texas acquisition.
Ascott Residence Trust has agreed to acquire a 1,005-bed student accommodation asset in Texas for US$70M, the trust said Thursday.
Singapore companies which may be in focus Monday, 30 August 2021: Hong Leong Asia, BRC Asia, Keppel REIT, Keppel DC REIT, Ascott Residence Trust, Elite Commercial REIT, ESR-REIT, Silverlake Axis, Raffles Infrastructure and Abterra.
Ascott Residence Trust took possession of the property at Singapore’s 1 Unity St. as the tenant, Park Hotel CQ, failed to pay its outstanding amounts.
Daiwa downgraded Ascott Residence Trust to Outperform from Buy after first half results missed forecasts on a slower-than-expected recovery.
Singapore companies which may be in focus on Tuesday, 27 July 2021: CDL Hospitality Trusts, Keppel DC REIT, KORE, LMIRT and ST Engineering.
Ascott Residence Trust said Tuesday DPS rose 95% on-year on divestments and termination-fee income. The results missed Daiwa’s forecast.
Singapore companies which may be in focus on Friday, 6 Dec. 2019: Mapletree Logistics, Golden Agri, Singtel, Keppel and Lendlease Global Commercial REIT.
These are Singapore companies which may be in focus on Thursday, 21 November 2019: CapitaLand, City Developments, Valuetronics, Yanlord Land and OKP.
CityDev and CapitaLand said Thursday they plan to redevelop the Liang Court site after CDL Hospitality Trust agreed to sell its interest in Novotel Singapore Clarke Quay.