CAPITALAND ASCOTT TRUST

CapitaLand Ascott Trust Q3 gross profit rises 1%

It is 2% lower on a same-store basis after excluding acquisitions and divestments

The STI reserve list is made up of the five highest ranking non-constituents of the STI by market capitalisation.

Olam Group, Yangzijiang Financial to replace CapitaLand Ascott Trust, ComfortDelgro on STI reserve list

There will be no changes to the constituents of the STI following the September 2025 review

Pre de Cort Nishikyogoku in Kyoto (above), one of the three acquired properties, was completed in 2020, and has 85 units, said a statement from Clas.

CapitaLand Ascott Trust acquires three rental housing properties in Japan for 4 billion yen

The properties are expected to strengthen the trust’s stable income stream

The divestment price of Citadines Central Shinjuku Tokyo (above) represents a premium of around 100% over the property's book value.

CapitaLand Ascott Trust to sell Citadines Central Shinjuku Tokyo for S$222.7 million by Q4 2025

Its manager says the divestment will enhance the trust’s financial flexibility to further optimise its portfolio

CapitaLand Ascott Trust completed asset enhancement initiatives for six properties in 2024, including Citadines Holborn-Covent Garden London (pictured).

CapitaLand Ascott Trust H1 DPS dips 1% to S$0.0253

Revenue was up 3% year on year at S$398.5 million, from S$386.4 million

The former Park Hotel Clarke Quay at 1 Unity Street is the subject of several related lawsuits.

Park Hotel Management and Allen Law’s legal battle results in landmark High Court judgment for insolvency law 

In a related claim, CapitaLand unit Ascendas Hospitality Reit, another Park Hotel creditor, will not be able to recover the full sum it seeks from liquidators 

CapitaLand Ascott Trust's US student accommodation Standard at Columbia. The latest issuance is part of the hospitality player’s S$2 billion multicurrency debt issuance programme established in September 2009.

CapitaLand Ascott Trust prices S$260 million of perpetuals at 4.2%

The issuance, with OCBC as lead manager and bookrunner, is expected to be on or around May 28

Shares of CLI fall S$0.22 to S$2.53 shortly after the opening bell on Friday.
HOT STOCK

CapitaLand Investment sinks 8% as counter goes ex-dividend

The company will pay a dividend per share of S$0.12 plus units of CapitaLand Integrated Commercial Trust worth S$0.067

CapitaLand Ascott Trust reported that gross profit from new properties in the quarter replaced the drop in gross profit from divestments in 2024. The new properties include Japan hotels Chisun Budget Kanazawa Ekimae (left) and  ibis Styles Tokyo Ginza, both acquired on Jan 31, 2025.

CapitaLand Ascott Trust gross profit rises 4% in Q1

70% of profits in the quarter were from stable income sources with the remaining 30% from growth income sources

In 2024, Clas acquired Victory SR Trust, which directly holds a 100% interest in lyf Funan Singapore.

CapitaLand Ascott Trust posts 7% fall in H2 DPS to S$0.0355

The distribution will be paid out on Feb 28, after the record date on Feb 6