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 acquires 4th US student accommodation
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.
Here's how Ascott Residence Trust benefits from Infini Garden acquisition
Increases Japan presence and income visibility.
Ascott Residence Trust allots S$42.2m from rights issue for debt repayment
S$42.6m balance remaining from gross proceeds.
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