Download Full Report - Ascendas REIT
Download Full Report - Ascendas REIT
Download Full Report - Ascendas REIT
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A-<strong>REIT</strong>’s Competitive Edge<br />
OperationS Platform<br />
Our Property Manager, <strong>Ascendas</strong><br />
Services Pte Ltd (“ASPL”), has a<br />
dedicated sales/marketing, leasing<br />
and property management team of<br />
over 80 people, all of whom<br />
possess in-depth understanding of<br />
the business space and industrial<br />
sector and its customers’ needs.<br />
Stability & Sustainability<br />
A-<strong>REIT</strong>’s value offering is stability<br />
and sustainability built on three<br />
cornerstones of prudent capital<br />
and risk management, disciplined<br />
and value-adding investment and<br />
proactive asset management.<br />
We continue to build upon our<br />
strengths to create a competitive<br />
edge to differentiate ourselves<br />
and to enhance sustainability and<br />
stability in our portfolio.<br />
Diversity and Depth<br />
We are the largest business space<br />
and industrial <strong>REIT</strong> in Singapore<br />
spanning across six sub-sectors in<br />
the business space and industrial<br />
property industry. The portfolio of<br />
properties is well-located, of high<br />
quality and is well-diversified in<br />
terms of tenants’ industries and<br />
country of origins. There is a good<br />
balance of long-term and short-term<br />
leases which provides stability and<br />
potential for rental growth.<br />
Market Leader<br />
A-<strong>REIT</strong> is focused on the business<br />
space and industrial property<br />
sector with a committed sponsor,<br />
<strong>Ascendas</strong> Group which has a<br />
proven track record of more than<br />
20 year of experience in this sector.<br />
With a relentless focus on the<br />
business space sector since its<br />
listing in 2002, A-<strong>REIT</strong> has<br />
established itself as the market<br />
leader in most of the sub-sectors<br />
that it operates in.<br />
Customer Focus<br />
We have a track record of<br />
customers growing with us and<br />
have consistently maintained a high<br />
customer retention ratio when<br />
leases are due for renewal.<br />
Size Advantage<br />
As at 31 Mar 2010, A-<strong>REIT</strong><br />
accounted for 14.2% of the S-<strong>REIT</strong><br />
sector and 8.6% of Asian <strong>REIT</strong><br />
ex-Japan sector. In FY09/10, it<br />
accounted for about 10.2% of the<br />
trading volume for S-<strong>REIT</strong> on the<br />
SGX-ST, making it one of the most<br />
liquid <strong>REIT</strong> in the Singapore market.<br />
8th Annual <strong>Report</strong> FY09/10<br />
05