CAPITALAND ASCOTT TRUST

Singapore portfolio’s RevPAU for properties, which include lyf Funan, rises 2% on the year to S$187 on an actual basis.

CapitaLand Ascott Trust Q1 distribution income ‘relatively stable’; RevPAU up 1% at S$137

Park Hotel Clarke Quay was wound up by the court in November 2021.

Ascendas Hospitality Reit loses S$6.2 million hotel refurbishment claim against Park Hotel liquidators

SIA Engineering, the engineering arm of national carrier Singapore Airlines, will join the STI reserve list on Mar 23.

CapitaLand Ascott Trust to be replaced by SIA Engineering on STI reserve list

The trust now holds 35 properties in Japan, having recently expanded its footprint through the 2025 acquisitions of hotels in Tokyo and Kanazawa, as well as rental housing in Kyoto and Osaka.

CapitaLand Ascott Trust expands Japan portfolio with 4.6 billion yen acquisition

The managers of CapitaLand Ascott Trust attribute the decline in gross profit from their US student housing portfolio to "execution" on the ground, rather than poorer demand fundamentals.

Clas stays upbeat on US student housing despite 15% drop in segment’s H2 gross profit

Above: Co-living facility lyf Funan, which Clas acquired in 2024. The managers of Clas attribute the trust's growth to stronger operating performance, portfolio reconstitution and asset enhancement initiatives.

CapitaLand Ascott Trust H2 DPS inches up 0.8% to S$0.0358

Clas' managers attribute the higher gross profit for Q3 to a stronger operating performance.

CapitaLand Ascott Trust Q3 gross profit rises 1%

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

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