Industry News
CapitaLand Ascott Trust divests four Citadines properties
France: CapitaLand Ascott Trust (CLAS) has divested four Citadines properties in regional France to an unrelated third party for €44.4 million.
News
CapitaLand Ascott Trust launches sustainability-linked bond with IFC
WORLDWIDE: CapitaLand Ascott Trust has partnered with the International Finance Corporation to launch IFC’s a sustainability-linked bond.
Industry News
CapitaLand to merge Ascott and Ascendas trusts
Singapore: CapitaLand will merge Ascott Residence Trust and Ascendas Hospitality Trust (A-HTrust) to form the largest hospitality trust in the Asia Pacific region.
News
Ascott sets 160,000-key target by 2023 end
Worldwide: The Ascott Limited says that it is on track to reach 160,000 keys by the end of this year. Read more on SAN.
News
Ascott achieves GSTC Recognised Standard and unveils sustainability framework
WORLDWIDE: The Ascott Limited unveils sustainability framework after achieving the Recognised Standard by the GSTC.
News
Ascott unveils asset-light business strategy as it pushes expansion
SINGAPORE: The Ascott Limited has shared its business strategy at the CapitaLand Investment Investor Day 2022.
News
Ascott partners with Saudi investor for PBSA venture
Singapore: The Ascott Limited (Ascott) has established a development venture totalling US$150 million in committed equity to develop student accommodation assets in the USA.
Urban Living News
Ascott to open 17 lyf coliving properties by 2025
Singapore: Ascott has expanded its lyf portfolio to 17 properties with more than 3,000 units in 13 cities and nine countries. The expanded portfolio includes the newly opened lyf Mid-Town Hangzhou, Ascott’s first lyf-branded coliving property in China. It also secured a management contract for its second lyf property in
Industry News
Ascott records 40 per cent year-on-year unit growth
Singapore: Ascott has signed more than 8,300 units across 30+ properties in the first seven months of 2021, achieving over 40 per cent year-on-year growth compared to the same period in 2020.
Industry News
Ascott acquires two new properties through private equity fund
France/Vietnam: The Ascott Limited has announced its acquisition of two new properties in Paris and Hanoi.
