Ascott Residence Trust

Ascott Residence Trust buys US student accommodation for $93.8m

ART has committed to invest in a total of three prime student accommodation assets in the USA and three rental housing properties in Sapporo, Japan.

Ascott Residence Trust buys US student accommodation for $93.8m

ART has committed to invest in a total of three prime student accommodation assets in the USA and three rental housing properties in Sapporo, Japan.

Meaningful recovery for hospitality sector likely in 2022: OCBC

OCBC Investment Research expects hospitality REITs to post stronger second-half results.

Ascott Residence Trust distributable income rose 96% to S$63.8m in H1

This included one-off partial distribution of divestment gains of S$20m.

CapitaLand subsidiaries to develop $146.2m property in the US

The property is a 678-bed student accommodation in South Carolina.