Ascendas Reit

One of the biggest industrial reit locally with 12.8b assets plus a dpu of about 16.2 cents , yield of 5.56% looks like seemingly sold down for no valid reason!

One of the highest yield among the index reit counters ,famous and strong sponsor under capitaland!


The current price of 2.91 looks like under value and may attract investor looking for higher yield that beats the cpf.


Chart wise, hovering in a consolidation mode, likely move up to test 2.99-3.00 again with extension to 3.10 level.



Not a call to buy or sell.
Pls dyodd.