CapitaLand Ascendas REIT's diversified portfolio is likely generating steady growth, UOB Kay Hian's Jonathan Koh says in a research report as the brokerage maintains the REIT's buy rating.
Management intends to recycle assets in Singapore and reposition toward technology, logistics and biomedical science properties, the analyst notes. Also, the REIT is redeveloping assets in the U.S., U.K. and Singapore, and planning to expand its logistics portfolio in the U.S. to leverage on onshoring and reshoring trends, the analyst says.
However, the brokerage trims its distribution-per-unit forecast for the REIT by 4% for 2025 and 1% for 2026 as interest rates still remain elevated. It lowers the target price to S$3.51 from S$3.74. Units are 0.8% lower at S$2.62.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。