Ascott’s expansion crosses 50,000 units globally
SINGAPORE (Nov 15): The Ascott Ltd, CapitaLand’s wholly owned serviced residence business unit, has secured more than 10,000 apartment units across 51 properties this year, setting a new record.
DBS calls buy on CapitaLand on better earnings quality
SINGAPORE (Nov 11): DBS Group Research has a buy call on CapitaLand after the property group posted a robust set of earnings for its third quarter of 2016 amid portfolio-wide improvement.
Can Ascott Residence be the Airbnb of serviced residences?
SINGAPORE (Oct 14): Ascott Residence Trust (ART) could benefit from parent CapitaLand’s recent tie-up with Tujia, dubbed China’s answer to Airbnb, says UOB Kay Hian lead analyst Derek Chang in a Oct 14 report which has a “buy’ on ART with S$1.
CapitaLand celebrates 10 years in India with new malls and serviced residence management contracts
SINGAPORE (Oct 6): Prime Minister Lee Hsien Loong on Wednesday visited CapitaLand’s The Celebration Mall, Udaipur, as the real estate group celebrated its 10th year in India.
CapitaLand acquires S$70 mil prime site in Ho Chi Minh for residential development
SINGAPORE (Sept 23): CapitaLand has made its third acquisition in Vietnam within 14 months with the purchase of a prime site in Ho Chi Minh City, for US$51.
Why Singapore REITs are still worth buying
SINGAPORE (Aug 23): OCBC Investment Research has maintained its “overweight” rating on the Singapore REIT industry, following the conclusion of the 2Q2016 results season.
Trepidation ahead of Singapore REITs 2Q results
SINGAPORE (July 14): Daiwa Capital Markets is keeping its “positive” rating on Singapore Real Estate Investment Trusts (S-REITs), but has “low expectations” ahead of announcement of 2Q16 results by the 14 S-REITs under its coverage starting Friday.
CapitaLand’s Ascott to buy prime Australian property for S$71 mil
SINGAPORE (July 12): CapitaLand's wholly-owned serviced residence business unit, The Ascott, is acquiring a 221-unit serviced residence in Docklands, Melbourne, for A$71 million (S$71 million) (RM210 million) as part of its partnership with Australian-based apartment operator Quest Apartment Hotels.
CapitaLand's Ascott on track to hit target of 80,000 units by 2020: Lim & Tan
SINGAPORE (June 21): The Ascott Limited, CapitaLand’s wholly owned serviced residence business unit, announced on Monday it has secured seven new properties with 1,714 units across seven cities in Asia.
Titijaya partners Ascott for RM4.1b serviced residence developments
KUALA LUMPUR (April 6): Titijaya Land Bhd has entered into an agreement with The Ascott Ltd for two of its upcoming property developments located in Penang and Shah Alam, Selangor, which have a collective gross development value (GDV) of RM4.
