SINGAPORE (June 15): The Ascott, CapitaLand’s serviced residence business unit, has won contracts to manage its first three properties under its lyf brand in China and Singapore.
SINGAPORE (May 31): Ascott Residence Trust (ART) is acquiring DoubleTree by Hilton Hotel New York – Times Square South for US$106 million (S$148.
SINGAPORE (May 5): The Ascott Ltd, CapitaLand’s wholly-owned serviced residence business unit, has acquired a prime property on New York’s Fifth Avenue.
SINGAPORE (April 17): UOB Kay Hian is reiterating its “hold” recommendation on Ascott Residence Trust (ART) at a target price of S$1.
SINGAPORE (April 14): Ascott Residence Trust (ART), through its wholly-owned subsidiary Zenith Residences Tokyo Tokutei Mokuteki Kaisha (Zenith TMK), has agreed to divest its trust beneficiary interests (TBI) of 18 rental housing properties under Zenith TMK’s portfolio in Tokyo, Japan, for 12 billion yen (approximately S$153.
SINGAPORE (April 4): CapitaLand’s wholly-owned serviced residences business unit, The Ascott Ltd, is expanding into South America with franchise agreements for two Citadines-branded serviced residences in São Paulo, Brazil.
SINGAPORE (March 8): UOB Kay Hian has downgraded its call on Ascott Residence Trust (Ascott REIT) to “hold” from “buy” previously, following Tuesday’s announcement of its S$442.
SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise S$442.
SINGAPORE (March 7): Ascott Residence Trust has launched a fully underwritten renounceable rights issue to raise S$442.