3 Things You Should Know About Ascendas Real Estate Investment Trust

a-reit logoAscendas Real Estate Investment Trust (A-REIT) (SGX: A17U) is a business space and industrial Real Estate Investment Trust (REIT).

Its portfolio comprises 103 properties made up of factories, business and science parks, industrial buildings, logistics and distribution centres, and warehouse retail facilities in Singapore as well as two business parks in China.

The company has over 1,200 customers including SingTel (SGX: Z74), C&P Logistics, Siemens, Honeywell, OSIM International (SGX: O23), Johnson & Johnson and Procter & Gamble, and with total assets under management of about S$7b.

But did you know…

  1. Ascendas REIT is the largest business space and industrial REIT listed on the Singapore Exchange
  2. A-REIT was named one of the “TOP 100 SINGAPORE BRANDS 2013/2012” by Brand Finance as well as being crowned the winner of SIAS’ INVESTOR CHOICE “Most Transparent Company 2012” in the REITS category.
  3. Two of A-REIT’s properties: “Unilever Four Acres Singapore” and Nexus@one-north were awarded the Green Mark (Platinum) by Singapore’s Building and Construction Authority (BCA) for their environmentally friendly designs.

While many REIT investors haven’t fared so well this year due to the impact of rising bond yields and interest rates, things may be starting to look up.

REITS are certainly a great option for those of us who fancy the idea of owning and making money from commercial real estate without any of the troubles associated with being a landlord.

What’s more, A-REIT’s focus on mainly Singaporean properties should appeal to those who prefer to keep their investments local.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Alison Hunt doesn’t own shares in any companies mentioned.