Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Ascendas Real Estate Investment Trust is a real estate investment trust focusing on the industrial and business space. Its property portfolio consists of 197 properties, including 35 properties in Australia, 38 properties in the U.K., and 28 properties in the U.S. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, logistics and distribution centers, integrated development, amenities, and retail properties. The trust is externally managed by parent Ascendas Singbridge, which owns a 20% stake in the trust.
Singapore, 138522, Singapore