Ascendas Real Estate Investment Trust

Overview

Ascendas Real Estate Investment Trust (A-REIT), a subsidiary of CapitaLand Ltd, is an industrial real estate investment trust. It is engaged in investing in a portfolio of properties and property related assets. Ascendas Funds Management (S) Limited acts as the manager of the trust. The company offers services such as business and science park property services, integrated development services, amenities and retail property services, high-specifications industrial property services, light industrial property services, and logistics and distribution centers. A-REIT also provides funds to green projects such as green buildings, renewable energy, waste management, sustainable water management, clean transportation and energy efficiency. It offers services across various regions including Australia, the US and the UK. A-REIT is headquartered in Singapore City, Singapore.
Key Stats
Address
1 Fusionopolis Place, #10-10 Galaxis, #30-01 Capital Tower, Singapore
Headquarters

Singapore

Contact

65 6 7741033

Industry

Construction

Ticker Symbol & Exchange​

A17U [SIN]

Revenue (2020)

$761 m

17.1% (2020 vs 2019)
Net Income (2020)

$331 m

-10.3% (2020 vs 2019)
Net Profit Margin

44 %

-23.3% (2020 vs 2019)
Market Cap *

$9,501 m

EPS *

$0.1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Ascendas Real Estate Investment TrustSuntec Real Estate Investment TrustFIBRA PrologisOUE Commercial REIT Management Pte. Ltd.
Key Information
Headquarters Singapore Singapore Mexico Singapore
Headquarter City - - MEXICO, D.F. -
Headquarter State/Province - - - -
No. of Employees - - 89 68
Entity Type Public Public Public Public

Products & Services

A-REIT operates as a real estate investment trust. The key services include offered by the company the following:

Services
  • Leasing of:
  • Business and Science Park Properties
  • High Specifications Industrial Properties and Data Centers
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Beh Swan Gin Chairman Executive Board 2020 53 Mr. Beh Swan Gin has been the Chairman and Director at the company since 2020. He also serves as the...
William Tay Wee Leong Director; Chief Executive Officer Executive Board 2018 50 Mr. William Tay has been the Chief Executive Officer and the Director of the company since 1 February 2018. He...
Koo Lee Sze Chief Financial Officer Senior Management - - Ms. Koo Lee Sze serves as the Chief Financial Officer of Ascendas Real Estate Investment Trust. She is responsible in...
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History

Year Event Description
2021 Acquisitions/Mergers/Takeovers In March, the company acquired 11 data centers in Europe from Digital Realty.
2021 Acquisitions/Mergers/Takeovers In May, the company agreed to acquire remaining 75% stake in Galaxis for S$534 million.
2021 Divestiture In 2021, the company has divested its three logistics properties in Australia for a price…
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Locations


PLC 8 Development Pte. Ltd.
PLC 8 Holdings Pte. Ltd.
Emerald Assets Limited
Ruby Assets Pte. Ltd
ARE S1 (Logistics IX) Limited
ARE S1 (Logistics V) Limited
ARE S1 (Logistics VI) Limited
ARE S1 (Logistics Vll) Limited

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
04 May 2021 Ascendas REIT Raises USD315.55 Million in Private Placement of Units Equity Offering Ascendas Real Estate Investment Trust
10 Nov 2020 Ascendas Real Estate Investment Trust to Raise USD595.41 Million in Private Placement of 264.376 Units Equity Offering Ascendas Real Estate Investment Trust
10 Sep 2020 Ascendas Real Estate Investment Trust (Ascendas Reit) Prices USD219.14 Million in Offering of Green Subordinated Perpetual Securities Due 2025 Debt Offering Ascendas Real Estate Investment Trust
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