Serena Teo
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.
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.
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.
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.
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
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).
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.
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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