What does areit stand for?
AREIT
| Acronym | Definition |
|---|---|
| AREIT | Ascendas Real Estate Investment Trust (Singapore) |
What is areit stock Philippines?
AREIT Inc. is a Philippine real estate investment trust (REIT) company which invest on properties of its sponsor, Ayala Land. Launched in 2020, it is the first REIT company in the Philippines.
Is it good to invest in areit?
1. Regular Income. The number one reason why you must invest in AREIT is the ability to generate regular income. REITs are attractive assets because you will earn money by receiving regular cash dividends.
What does Ascendas REIT own?
Ascendas Reit has a portfolio of properties in Singapore, Australia, the United Kingdom, and the United States which house international and local companies from a wide range of industries and activities, including research and development, life sciences, information technology, engineering, light manufacturing.
How much is the dividend of areit?
AREIT Inc.
| Volume | 1.08M |
|---|---|
| Dividend Yield | 3.38% |
| Latest Dividend | ₱0.44 |
| Ex-Dividend Date | Oct 1, 2021 |
| Beta | 0.21 |
How many REITs are there in the Philippines?
five
There are currently five listed REITs, namely: AREIT, Inc., DDMP REIT, Inc., Filinvest REIT Corp. (FILREIT), RL Commercial REIT, Inc. (RCR), and MREIT. All launched their IPOs during the coronavirus pandemic, led by AREIT who debuted on the stock market in August 2020.
Is areit overpriced?
Price to Book Ratio PB vs Industry: AREIT is overvalued based on its PB Ratio (2.3x) compared to the XA REITs industry average (1x).
Is REIT high risk?
Sometimes REITs are miscategorized as “bond substitutes.” REITs are not bonds; they are equities. Like all equities, they carry a measure of risk that is much greater than government bonds. REITs can also produce negative total returns during times when interest rates are high or rising.
Who owns Ascendas reits?
CapitaLand Investment Limited
Ascendas Reit is managed by Ascendas Funds Management (S) Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asian foothold.
How often does Ascendas REIT pay dividends?
semi-annually
Ascendas Reit’s mission is to deliver predictable distributions and long-term capital stability to unitholders. Distributions are paid semi-annually (estimated distribution payment in March/September).