Search results
Jul 3, 2019 · Ascott Residence Trust and Ascendas Hospitality Trust enter combination deal to become Asia Pacific's largest hospitality trust with asset value of S$7.6 billion. DPU accretive transaction to create an enlarged trust with wider investor base and greater financial flexibility
Ascott Residence Trust has completed its combination with Ascendas Hospitality Trust to cement its position as Asia Pacific's largest hospitality trust
Jul 4, 2019 · This merger represents an asset value of SGD 7.6 billion (Singapore dollars). Ascott REIT (Ascott Residence Trust), a listed real estate investment company (SIIC), will thus include all the shares of A-HTRUST (Ascendas Hospitality Trust).
Jul 3, 2019 · SINGAPORE - CapitaLand will combine Ascott Residence Trust (Ascott Reit) and Ascendas Hospitality Trust (A-H Trust) to make the largest hospitality trust in the Asia-Pacific and the eighth...
Apr 25, 2019 · However, an enlarged Ascott-Ascendas Hospitality Trust (as Quarz calls it) could become Singapore's eighth largest Reit by assets under management, Quarz said, with an asset base exceeding $6.6...
Singapore, 3 July 2019 – Ascott Residence Trust (Ascott Reit) and Ascendas Hospitality Trust (A-HTRUST) today jointly announced a proposed combination, which will result in the combined entity becoming the largest hospitality trust in Asia Pacific 1 , and the eighth largest
In the Matter of ASCENDAS HOSPITALITY TRUST comprising Ascendas Hospitality Real Estate Investment Trust (a real estate investment trust constituted on 13 March 2012 under the laws of the Republic of Singapore) and Ascendas Hospitality Business Trust (a business trust constituted on
Aug 21, 2019 · Rebalancing portfolio. The portfolio of A-HTRUST has been actively rebalanced as part of its development since listing in July 2012: Added income stability – Since the listing of A-HTRUST in July 2012, the hotels acquired were all under master leases, which improved the income stability of the trust.
However, an enlarged Ascott-Ascendas Hospitality Trust (as Quarz calls it) could become Singapore's eighth largest Reit by assets under management, Quarz said, with an asset base exceeding S$6.6 billion and a market cap of S$3.6 billion.
portfolio of income-producing real estate used predominantly for hospitality purposes, located across Asia, Australia and New Zealand, as well as real estate-related assets in connection with the foregoing.
