Singapore Stock Market News
Ascendas REIT - Marginal acquisition
StockFanatic
Publish date: Tue, 12 Aug 2014, 04:22 PM
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
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| Aperia (Source : Aperia Website) |
■ Buying Aperia for SGD458m (SGD613 psf), including land premium of SGD218.3m.
■ Aperia will house tenants such as Intel, Audi & McDonald's.
■ Marginally accretive. Reiterate BUY with slight bump in our DDM TP to SGD2.66 from SGD2.65. Catalysts from further yield-enhancing acquisitions.
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