Grows longer-stay lodging assets to 16% of total portfolio to further enhance income resilience.
In January 2021, Ascott Residence Trust (ART) was the first hospitality trust in Singapore to secure a green loan. Proceeds
The first of a pipeline of student accommodation assets under Ascott’s partnership with a leading student housing developer to accelerate
Both assets are divested above valuation as part of ART’s active portfolio reconstitution strategy.
DPU accretive transaction to create an enlarged trust with wider investor base and greater financial flexibility.
224-unit prime freehold property uplifts U.S. to become Ascott Reit’s fourth largest market by asset size.