Ascendas Real Estate Investment Trust

SES A17U.SI

Ascendas Real Estate Investment Trust Free Cash Flow Yield on January 14, 2025: 8.83%

Ascendas Real Estate Investment Trust Free Cash Flow Yield is 8.83% on January 14, 2025, a 16.42% change year over year. Free cash flow yield compares the return from free cash flow to the market cap; higher yield suggests attractive investment.
  • Ascendas Real Estate Investment Trust 52-week high Free Cash Flow Yield is 8.95% on June 21, 2024, which is 1.35% above the current Free Cash Flow Yield.
  • Ascendas Real Estate Investment Trust 52-week low Free Cash Flow Yield is 7.29% on September 17, 2024, which is -17.42% below the current Free Cash Flow Yield.
  • Ascendas Real Estate Investment Trust average Free Cash Flow Yield for the last 52 weeks is 8.27%.
Key data
Date Free Cash Flow Yield Market Value Added (MVA) Price to Book Ratio (P/B) Price to Earnings Ratio (P/E)
Market news
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SES: A17U.SI

Ascendas Real Estate Investment Trust

CEO Mr. Wee Leong Tay
IPO Date Sept. 30, 2005
Location Singapore
Headquarters No.30-01 Capital Tower
Employees 67
Sector Real Estate
Industries
Description

Ascendas Real Estate Investment Trust (Ascendas Reit) is Singapore's first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. As at 31 December 2020, Ascendas Reit's investment properties under management stood at S$13.7 billion. The portfolio comprises 200 properties across the developed markets of Singapore, Australia, the United Kingdom and the United States. Ascendas Reit's portfolio includes business and science parks, suburban office properties, high-specifications industrial properties, light industrial properties, logistics and distribution centres, and integrated developments, amenities and retail properties. These properties house a tenant base of more than 1,450 international and local companies from a wide range of industries and activities, including research and development, life sciences, information technology, engineering, light manufacturing, logistics service providers, electronics, telecommunications, manufacturing services and back-room office support in service industries. Major tenants include Singtel, Stripe, DSO National Laboratories, Pinterest, DBS, CareFusion, Wesfarmers, Citibank and JPMorgan. Ascendas Reit is listed in several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. Ascendas Reit has an issuer rating of A3' by Moody's Investors Service. Ascendas Reit is managed by Ascendas Funds Management (S) Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia's largest diversified real estate groups.

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StockViz Staff

January 15, 2025

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