Ascendas Hospitality Trust AGM 2019

Nothing new for those who are updated with the results of AHT. 2018 is the transition for AHT to acquire the Japan properties in Osaka and Korea. Some notable tidbits from the presentations by the CEO: Financial cost effective interest rate drop to 2% NPI increase 3% NAV growth 11%  DPU increase 2.9% 14 out of 15 is freehold Average age of portfolio has drop form 23 to 18. Gearing 33%,...

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A day at Funan Mall

Today I went to Funan to see see look look. The crowd is still heavy on the 2nd weekend of opening. It has a mix of different tenants, the basement and the outer tenants at the first stories are of F&B with a few at the different floors and the roof garden. Can see that management is trying to differentiate itself from raffles city. I didnt plan to make a blog at first so did not take much...

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Analysing the lost of Ascendas Hospitality Trust

This is the first equity I had blogged about and also my gem, being more than 24% of my Mum's income portfolio. In my eyes, Ascendas Hospitality Trust (AHT) is the only Hospitality S-Reit that is worth buying as others are plague with dropping DPU for years and yearly rights issue (The acquirer). The market has adjust according to the offer. As AHT price gap up to $1.04 - $1.05, Ascott Reit...

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