Monday, March 5, 2012

Ascendas REIT - Business Park blues overdone but few catalysts

Stock Name: Ascendasreit
Company Name: ASCENDAS REAL ESTATE INV TRUST
Research House: CIMBPrice Call: HOLDTarget Price: 2.15



Target S$2.15

An unprecedented supply of new business-park space is anticipated in the next four years. While there could be some pressure on AREIT's business parks, we believe fears may have been overdone.


Source: CIMB Day Break 05 March 2012, Full PDF Report

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