Ascott

Ascott is a Singapore lodging business. It is a fully-owned subsidiary of CapitaLand Investment. Ascott's portfolio spans over 200 cities across over 30  countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA.  

Ascott has more than 78,000 operating units and over 57,000 units under development, making a  total of more than 135,000 units in 800 properties.

Ascott Residence Trust DPS up 43% YoY to 4.23 cents for FY2021

Distribution income in the same period also jumped by 46% YoY to $137.3m.

Ascott Residence Trust DPS up 43% YoY to 4.23 cents for FY2021

Distribution income in the same period also jumped by 46% YoY to $137.3m.

Ascott launches first co-living property in one-north Singapore

A new range of collaborative social spaces will make up the structure. 

Ascott hits record with 15,100 units signed in 2021

It also reached the highest-ever property openings of 8,200 units. 

Ascott Residence Trust acquires 4th US student accommodation

Seven07, located in Illinois, is worth $112.4m.

Ascott Limited to enter into partnership with Vietnam's Sun Group

The agreement will cover Vietnam’s largest serviced residence integrated development.

Ascott to open 17 lyf properties by 2025

The new properties will expand the lyf portfolio to 3,000 units worldwide.

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.

Ascott reaches over 40% YoY unit growth

The wholly-owned subsidiary of CapitaLand secured more than 8,300 units across more than 30 properties from January to July 2021.

CapitaLand’s Ascott to give away NFTs to celebrate online platform launch

Eleven non-fungible tokens (NFTs) will be given given during the launch campaign of Ascott’s discoverasr.com platform.

CapitaLand acquires two new international properties for $210m

The properties are located in France and Vietnam.

CapitaLand subsidiaries to develop $146.2m property in the US

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