CapitaLand Ascott Trust (SGX: HMN)
Singapore flag Singapore · Delayed Price · Currency is SGD
0.885
+0.005 (0.57%)
Nov 21, 2024, 5:04 PM SGT

CapitaLand Ascott Trust Company Description

CapitaLand Ascott Trust (CLAS) is the largest lodging trust in Asia Pacific with an asset value of S$8.7 billion as at 31 December 2023.

CLAS’ objective is to invest primarily in incomeproducing real estate and real estate-related assets which are used or predominantly used as serviced residences, rental housing properties, student accommodation and other hospitality assets in any country in the world.

CLAS was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006, and is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index).

CLAS’ international portfolio comprises 106 properties with more than 19,000 units in 45 cities across 16 countries in Asia Pacific, Europe and the United States of America as at 31 December 2023.

CLAS’ properties are mostly operated under the Ascott, Somerset, Quest and Citadines brands. They are mainly located in key gateway cities such as Barcelona, Berlin, Brussels, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, London, Manila, Melbourne, Munich, New York, Paris, Perth, Seoul, Singapore, Sydney and Tokyo.

CLAS is a stapled group comprising CapitaLand Ascott Real Estate Investment Trust (CapitaLand Ascott REIT) and CapitaLand Ascott Business Trust (CapitaLand Ascott BT).

CLAS is managed by CapitaLand Ascott Trust Management Limited (as manager of CapitaLand Ascott REIT) and CapitaLand Ascott Business Trust Management Pte. Ltd. (as trustee-manager of CapitaLand Ascott BT).

The manager and trustee-manager are wholly owned subsidiaries of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.

CapitaLand Ascott Trust
Country Singapore
Founded 2006
Industry REIT - Diversified
Sector Real Estate
CEO Joo Ling Teo

Contact Details

Address:
168 Robinson Road
Singapore, 068912
Singapore
Phone 65 6713 2888
Website capitalandascotttrust.com

Stock Details

Ticker Symbol HMN
Exchange Singapore Exchange
Fiscal Year January - December
Reporting Currency SGD
ISIN Number SGXC16332337
SIC Code 6798

Key Executives

Name Position
Joo Ling Teo Chief Executive Officer
Siew Fong Kang Chief Financial Officer
Xiao Fen Wong Head of Investor Relations