Ascendas REIT, Ascott Residence Trust, Ascendas India revise names
The names of their managers were also changed.
The names of property firms, Ascendas Real Estate Investment Trust (Reit), Ascott Residence Trust (ART), and Ascendas India Trust, were modified as well as their managers.
According to a company announcement, Ascendas REIT was changed to CapitaLand Ascendas REIT (CLAR), ART was renamed to CapitaLand Ascott Trust (CLAS), and Ascendas India Trust’s name was revised to CapitaLand India Trust (CLINT).
READ: Ascendas REIT to acquire Philips APAC Centre for $104.8m
In addition to this, CLAR’s manager is CapitaLand Ascendas REIT Management Limited, CLAR’s Reit manager is CapitaLand Ascott Trust Management Limited whilst its business trust trustee-manager is CapitaLand Ascott Business Trust Management Pte. Ltd., and CLINT’s manager is CapitaLand India Trust Management Pte. Ltd.
The revisions took effect on 27 September 2022.
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