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Serena Teo
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 returns boosted by acquisitions in Japan

CapitaLand Ascott Trust (CLAS) announced its acquisition of two freehold limited-service hotels in Japan for an approximate total of SG$178.5 million on Friday, 31st January.  

Asia

CapitaLand Ascott Trust to divest Somerset Olympic Tower Tianjin

CapitaLand Ascott Trust (CLAS) entered into an agreement to divest Somerset Olympic Tower Tianjin in China to an unrelated third party.  

Asia

CapitaLand Ascott Trust’s Citadines Karasuma-Gojo Kyoto divested for JPY6.18 billion

CapitaLand Ascott Trust (CLAS) divested Citadines Karasuma-Gojo Kyoto in Japan to an unrelated third party for about JPY6.18 billion.

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).

Global

Ascott accelerates growth of “The Crest Collection” brand

The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment (CLI), is on a strong growth trajectory with The Crest Collection brand.

France

CapitaLand Ascott Trust completes divestment of four properties in regional France for EUR44.4 million

CapitaLand Ascott Trust (CLAS) has completed the divestment of four mature serviced residences in regional France to an unrelated third party  for a total of EUR44.4 million (S$64.7 million1).

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