ascott residence trust

THE recent proposed acquisition of 9 overseas properties is expected to raise the Ascott Residence Trust (ART)‘s distribution per share (DPS) by 1.1 per cent to 5.9 per cent from FY2022 to FY2024, if ...

ASCOTT Residence Trust (ART) has closed its private placement at S$1.12 per stapled security to raise S$170 million, the stapled hospitality group’s managers announced on Tuesday (Aug 16) before the m...

ASCOTT Residence Trust (ART) on Monday (Aug 15) proposed the acquisition of 9 serviced residences, rental housing and student accommodation properties from its sponsor, The Ascott Limited, across 5 ma...

MAYBANK has raised its target price for Ascott Residence Trust (ART) to S$1.40, from S$1.30, on expectations of strong revenue recovery in the second half of the year. It has a ‘buy’ call on the count...

THE return of global travel has lifted the fortunes of Ascott Residence Trust (ART), as it recorded a 14 per cent rise in distribution per stapled security (DPS) to S$0.0233 for H1 ended June.

Park Hotel CQ (PHCQ), along with its liquidators, have filed a lawsuit against Park Hotel Management (PHMPL) director, Allen Law Ching Hung, over some S$6.5 million in funds that were transferred out ...

MOODY'S Investors Service has changed its outlook on Ascott Residence Trust (ART) and Frasers Hospitality Trust (FHT) to “stable” from “negative” while affirming its Baa3 rating for both trusts.

HOSPITALITY trust Ascott Residence Trust (ART) said its portfolio revenue per available unit (RevPAU) rose 22 per cent on year to S$67 for its first quarter ended March, from S$55 a year ago.

CAPITALAND Investment Limited 9CI 's (CLI) unit The Ascott has set a target to sign 150 properties with over 30,000 units under its lyf co-living brand by 2030, the mainboard-listed property manager a...