CapitaLand Ascott Business Trust Management Pte. Ltd.

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CapitaLand Ascott Business Trust Management Pte. Ltd.
Asia

CapitaLand Ascott Trust achieves 6 percent increase in gross profit

CapitaLand Ascott Trust (CLAS) achieved an increase of six percent in gross  profit year-on-year, reaching S$182.5 million for H1-2025. 

Asia

CapitaLand Ascott Trust makes it into S&P Global Sustainability Yearbook 2025

CapitaLand Ascott Trust (CLAS) was included in the S&P Global Sustainability Yearbook 2025, making its debut in the prestigious index as the only lodging trust included from the Asia Pacific.  

Asia

CapitaLand Ascott Trust slated to acquire lyf Funan Singapore

CapitaLand Ascott Trust (CLAS) entered an agreement with the Ascott Serviced Residence Global Fund (ASRGF) for the acquisition of lyf Funan Singapore

Australia

CapitaLand Ascott Trust divests two hotels in Australia for AUD109.0 million 

CapitaLand Ascott Trust (CLAS) is divesting two mature  hotels in Sydney, Australia to an unrelated third party for a total of AUD109.0 million (S$95.6 million1).

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