Ascendas Real Estate Investment Trust operates in the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ascendas Real Estate Investment Trust with three other
companies in this sector in SINGAPORE :
Ascott Residence Trust
sales of 514.96 million Singapore Dollars [US$374.51 million]
of which 100%
was Residence properties & Rental housing),
Capitaland Mall Trust
(786.74 million Singapore Dollars [US$572.17 million]
of which 19%
was Clarke Quay & Other), and
United Industrial Corporation Limited
(789.45 million Singapore Dollars [US$574.14 million]
of which 38%
was Property Investment).
Ascendas Real Estate Investment Trust reported sales of 936.37 million Singapore Dollars (US$680.99 million)
December of 2019.
increase of 7.9%
versus 2018, when the company's sales were 867.42 million Singapore Dollars.
Sales at Ascendas Real Estate Investment Trust have increased during each of the previous five years
(and since 2014, sales have increased a total of 50%).
Sales of Logistics and Distribution Centers saw an increase
that was more than double the company's growth rate: sales were up
25.2% in 2019, from
201.64 million Singapore Dollars to 252.40 million Singapore Dollars.
Not all segments of Ascendas Real Estate Investment Trust experienced an increase in sales in 2019:
sales of Light Industrial Properties fell 2.3% to 91.22 million Singapore Dollars.