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Macro, energy, alternative energy, contrarian

Ascendas REIT: An Industrial REIT Out Of Singapore To Watch

Ascendas REIT (OTC:ACDSF) is the largest business space and industrial real estate investment trust in Singapore, boasting a market cap of $4.069 billion (U.S. Dollars) at the time of writing. The trust owns and manages a diverse portfolio of commercial and industrial properties in Singapore including office parks, factories, data centers, and warehouses.

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Source: Ascendas REIT

In addition, the trust also owns two business parks located in two of the most economically important cities in China: Shanghai and Beijing. These two properties give the trust exposure to the burgeoning demand for such properties in the giant Asian nation. This demand is still present despite the fact that the Chinese growth rate has recently fallen to...

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