Ascott Residence Trust (ART SP)

Ascott Residence Trust (ART SP)Current shareprice: SGD1.35Target price: SGD1.39Potential yield: +3.5% We maintain a BUY action on this counter. Let’s take a look at the insights of the REIT company. Ascott Residence Trust (Ascott Reit) is a Singapore-based serviced residence real estate investment trust (REIT). The Company is engaged in the business of investing in…