Business
‘Undervalued’ CapitaLand Ascott Trust presses on with diversification for stability and growth
The share price of CapitaLand Ascott Trust (Clas) – the largest lodging trust in the Asia-Pacific by total assets – is undervalued, said…
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Ascott
Business
Ascott, Frasers Hospitality expand footprint in Asia
Lodging sector players Ascott and Frasers Hospitality issued separate statements on Tuesday (Jun 3) announcing their expansion in Asia…
Business
Stocks to watch: Singtel, CapitaLand Ascott Trust
The following companies saw new developments that may affect trading of their securities on Thursday (May 22). Singtel: The telco giant…
Business
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 HOSPITALITY player CapitaLand Ascott Trust…
Business
CapitaLand Ascott Trust gross profit rises 4% in Q1
CapitaLand Ascott Trust’s (Clas) managers said in a business update on Monday (Apr 28) that the trust’s gross profit rose 4 per cent year…
Business
CapitaLand Investment’s Ascott to add 600 units to India portfolio, eyes growth in country
Ascott, the wholly owned lodging business of asset manager CapitaLand Investment (CLI), has inked three agreements to add 600 units to its…
Business
Stocks to watch: Sembcorp, Sats, CapitaLand Ascott Trust, Raffles Medical
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 3): Sembcorp Industries: The…
Business
CapitaLand Ascott Trust acquires two freehold hotels in Japan for S$178.5 million
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget…
Business
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21 billion yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget…
Business
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21b yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget…
Business
Stocks to watch: Keppel, CDLHT, CapitaLand Ascott Trust, Thomson Medical, Japfa
THE following companies saw new developments that may affect trading of their securities on Monday (Jan 27): Keppel: The company was…
Business
CapitaLand Ascott Trust posts 7% fall in H2 DPS to S$0.0355
CAPITALAND Ascott Trust (Clas) on Monday (Jan 27) posted a 7 per cent fall in distribution per stapled security (DPS) to S$0.0355 for the…
Business
Ascott bags 16 new signings under Oakwood portfolio to tap growing ‘bleisure’ market
ASCOTT, the wholly owned lodging business unit of CapitaLand Investment, has secured 16 new signings under the Oakwood brand in 2024, up…
Business
CapitaLand Investment sells 4.9% stake in CapitaLand Ascott Trust for S$162 million
PROPERTY investment manager CapitaLand Investment (CLI), through its subsidiary The Ascott Ltd, has sold its stapled securities in…