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COMMENTARY

Merger of Ascott Reit, Ascendas Hospitality Trust makes sense

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Capitaland's announcement on Wednesday that it would merge Ascott Residence Trust (ART) and Ascendas Hospitality Trust (A-HTrust) should not be a surprise to market watchers, following the merger of their respective parents.

CAPITALAND's announcement on Wednesday that it would merge Ascott Residence Trust (ART) and Ascendas Hospitality Trust (A-HTrust) should not be a surprise to market watchers, following the merger of their respective parents.

The two Reits (real estate investment trusts) had been subject...

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