What is a Real Estate Investment Trust (REIT)?
A REIT is a listed vehicle that allows investors to consolidate funds for the purpose of investing, generally in real estate and real estate related assets. Such real estate, depending on the mandate of a REIT, could be solely or a combination of retail malls, offices, industrial properties, business parks, serviced apartments or other real estate assets.
What is Ascott Reit?
Ascott Reit is the first pan-Asian serviced residence REIT established with the objective of investing primarily in real estate and real estate-related assets which are income-producing and which are used or predominantly used, as serviced residences or rental housing properties.
How do I invest in Ascott Reit?
You can buy units in Ascott Reit, which is listed on the Stock Exchange of Singapore. For investors outside Singapore, please consult your local stockbroker who may deal in securities listed in Singapore.
What is the SGX stock symbol of Ascott Reit?
Can I use my CPF savings to invest in Ascott Reit?
Ascott Reit is included in the CPF Investment Scheme. You are advised to contact CPF Board to check on the latest regulations prior to making investment decisions.
In what currency is Ascott Reit denominated?
Ascott Reit is denominated in Singapore dollars.
Do I need to pay any tax on these cash distributions?
Individuals who hold units as investment assets and not through a partnership will receive tax-free distributions.
How regular are the distribution payouts?
Ascott Reit makes distributions to unitholders on a semi-annual basis, with the amount calculated as at 30 June and 31 December each year for the six-month period ending on each of the said dates.
When is the next payment date?
Ascott Reit pays distribution on a semi-annual basis within 60 days after the close of every half year/six months.
Where can I find historical financial information on Ascott Reit?
Ascott Reit's past financial results and Annual reports can be found on the website under Investor Relations.