|Bid||3.1100 x 0|
|Ask||3.1200 x 0|
|Day's Range||3.1100 - 3.1500|
|52 Week Range||2.4500 - 3.2300|
|Beta (3Y Monthly)||0.53|
|PE Ratio (TTM)||18.68|
|Forward Dividend & Yield||0.09 (2.81%)|
|1y Target Est||N/A|
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Moody's Investors Service has affirmed Ascendas Real Estate Investment Trust's (REIT) A3 issuer and senior unsecured ratings, the provisional (P)A3 senior unsecured rating on its SGD5 billion medium-term notes program, and the Baa2 rating on its subordinated perpetual securities. Moody's has also revised Ascendas REIT's ratings outlook to stable from positive.
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Ride-hailing firm Grab has signed a deal with business park landlord Ascendas Real Estate Investment Trust for a new Singapore headquarters to accommodate the start-up's growing team under one roof. The S$181.2 million ($134.5 million) headquarters will be built by Ascendas REIT and will be ready by the fourth quarter of 2020. The building will house all Grab employees based in Singapore and consolidate its current offices.
Singapore's CapitaLand (CATL.SI) is forking out S$6 billion (£3.4 billion) to scoop up logistics and industrial assets from state investor Temasek, in a deal the developer said would create Asia's largest real estate investment manager. CapitaLand will buy the holding companies of the business of the Ascendas-Singbridge Group, which manages Ascendas Real Estate Investment Trust (AEMN.SI), Ascendas India Trust (AINT.SI) and Ascendas Hospitality Trust (ASHP.SI), for cash and stock. Ascendas-Singbridge also manages private funds.
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* Most markets post quarterly gains * Singapore up for 7th session in 8 By Devika Syamnath Sept 28 (Reuters) - Most Southeast Asian stock markets rose on Friday and closed the quarter on a positive note, ...