Ascott

Ascott is a Singapore lodging business. It is a fully-owned subsidiary of CapitaLand Investment. Ascott's portfolio spans over 200 cities across over 30  countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA.  

Ascott has more than 78,000 operating units and over 57,000 units under development, making a  total of more than 135,000 units in 800 properties.

Ascott Residence Trust issues first sustainability-linked bond of $200m

This is the first sustainability-linked bond by a Singapore-listed real estate trust.

Ascott Residence Trust issues first sustainability-linked bond of $200m

This is the first sustainability-linked bond by a Singapore-listed real estate trust.

Ascott taps into metaverse with launch of lyf Innovation Lab

The lab will develop technologies to deliver cutting-edge experiences to guests in the metaverse.

Ascott eyes 150 lyf coliving properties by 2030

Currently, the lodging business has 17 properties under its lyf brand.

Ascott obtains two properties in Ningo and Amsterdam for around $190m

The acquisitions are set to grow the group’s fund under management to $9b.

Ascott opens 6th lyf coliving property in Asia

The Ascott Limited’s 240-unit property is located in Singapore.

Ascott Residence Trust acquires 5 longer-stay properties in Japan for $125m

This includes ART's first student accommodation property in Japan.

Ascott REIT completes acquisition of 4th student accommodation property in the US

The aggregate purchase consideration of the property was $39.5 m.

Ascott establishes $204.8m new student accommodation

The freehold is the ninth in Ascott's student accommodation portfolio in a year.

Ascott Residence Trust DPS up 43% YoY to 4.23 cents for FY2021

Distribution income in the same period also jumped by 46% YoY to $137.3m.

Ascott launches first co-living property in one-north Singapore

A new range of collaborative social spaces will make up the structure. 

Ascott hits record with 15,100 units signed in 2021

It also reached the highest-ever property openings of 8,200 units. 

Ascott Residence Trust acquires 4th US student accommodation

Seven07, located in Illinois, is worth $112.4m.

Ascott Limited to enter into partnership with Vietnam's Sun Group

The agreement will cover Vietnam’s largest serviced residence integrated development.

Ascott to open 17 lyf properties by 2025

The new properties will expand the lyf portfolio to 3,000 units worldwide.

Ascott Residence Trust buys US student accommodation for $93.8m

ART has committed to invest in a total of three prime student accommodation assets in the USA and three rental housing properties in Sapporo, Japan.

Meaningful recovery for hospitality sector likely in 2022: OCBC

OCBC Investment Research expects hospitality REITs to post stronger second-half results.

Ascott Residence Trust distributable income rose 96% to S$63.8m in H1

This included one-off partial distribution of divestment gains of S$20m.