Sep 25, 2023
Transaction is part of CLAS' active portfolio reconstitution strategy to deliver sustainable returns to Stapled Securityholders
Aug 08, 2023
Proposed acquisition is 1.8% accretive to Distribution per Stapled Security; Two existing CLAS properties in central Sydney and London to undergo asset enhancement initiatives (AEIs) with estimated yields on AEI cost of approximately 11%
Jul 31, 2023
Distribution per Stapled Security grew 19% to 2.78 cents and portfolio revenue per available unit (REVPAU) increased 44% in 1H 2023 on robust lodging demand
Apr 19, 2023
New signings of over 4,000 units in 1Q propel Ascott to exceed current target of 160,000 units
Jan 29, 2023
Distribution per Stapled Security (DPS) rose to 5.67 cents on stronger operating performance in FY 2022; excluding one-off items, DPS increased 106% year-on-year
Oct 31, 2022
CapitaLand Ascott Trust (CLAS) has partnered with the International Finance Corporation (IFC) to launch IFC's first sustainability-linked bond in the hospitality sector globally.
Oct 18, 2022
The only listed hospitality trust in Asia-Pacific to receive the highest rating of 5 stars
Sep 23, 2022
The group's fastest growing brand with over 180 properties to date introduces new signature programmes and celebrates opening of Citadines flagship property in Singapore
Aug 15, 2022
Yield-accretive acquisition of the nine properties is expected to enhance ART's income resilience and consolidate its position as Asia-Pacific's largest hospitality trust
Jul 03, 2022
Acquisition adds to recurring fee income streams and expands lodging offerings to strengthen Ascott's leading position