CapitaLand Ascott Trust

HMN

SGXC16332337

Specialized REITs

Market Closed - Singapore S.E. Other stock markets 05:04:34 2024-04-26 am EDT			5-day change	1st Jan Change
0.9 ^SGD	0.00%		+3.45%	-9.09%

Apr. 25	CapitaLand Ascott Provides Update on Use of Proceeds	MT
Apr. 24	CapitaLand Ascott Trust's Q1 Gross Profit Jumps 15%	MT

CapitaLand Ascott Trust acquired 258-unit Teriha Ocean Stage.

January 28, 2024

CapitaLand Ascott Trust (SGX:HMN) acquired 258-unit Teriha Ocean Stage in January 2024. CapitaLand acquired Teriha Ocean Stage, a 258-unit rental housing property in Fukuoka, Japan at an estimated net operating income yield of about 4% on a stabilised basis.

CapitaLand Ascott Trust (SGX:HMN) completed the acquisition of 258-unit Teriha Ocean Stage in January 2024.

Latest news about CapitaLand Ascott Trust

CapitaLand Ascott Provides Update on Use of Proceeds	Apr. 25	MT
CapitaLand Ascott Trust's Q1 Gross Profit Jumps 15%	Apr. 23	MT
CapitaLand Ascott Trust Appoints New Auditor	Apr. 21	MT
CGS International Adjusts CapitaLand Ascott Trust’s Price Target to SG$1.17 from SG$1.29, Keeps at Add	Apr. 15	MT
Capitaland Ascott Trust Announces Changes to Composition of Board and Nominating and Remuneration Committee, Effective April 22, 2024	Mar. 11	CI
CapitaLand Ascott Trustee's Unit Prices SG$120 Million Notes Due 2029	Mar. 10	MT
PhillipCapital Downgrades CapitaLand Ascott Trust to Accumulate From Buy, Keeps Price Target at SG$1.04	Feb. 15	MT
CapitaLand Investment Sets Up $600 Million Lodging Fund	Feb. 14	MT
CapitaLand Ascott Trust Divesting Citadines Mount Sophia Singapore for SG$148 Million	Feb. 02	MT
CapitaLand Ascott Trust Announces Appointment of Lui Chong Chee as Non-Executive Independent Director	Jan. 31	CI
Singapore Shares Tumble on Monetary Policy News; CapitaLand Ascott Trust Shares Climb 2% as H2 2023 DPS Rises 14%	Jan. 29	MT
CapitaLand Ascott Trust's DPS Rises 14% in H2 2023; Shares Jump 3%	Jan. 29	MT
CapitaLand Ascott Trust Announces Dividend from 14 August 2023 to 31 December 2023, Payable on 29 February 2024	Jan. 28	CI
CapitaLand Ascott Trust acquired 258-unit Teriha Ocean Stage.	Jan. 28	CI
CapitaLand Ascott Trust Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 28	CI
CapitaLand Ascott Trust to Sell Three Japan Hotels for SG$100 Million	Dec. 17	MT
An undisclosed buyer agreed to acquire in Hotel WBF Honmachi, Hotel WBF Kitasemba East and Hotel WBF Kitasemba West from CapitaLand Ascott Trust for ¥10.7 billion.	Dec. 17	CI
Singapore Shares End Week in Green; Venture Shares Jump 4% on Renewal of Share Repurchase Plan	Dec. 01	MT
CapitaLand Ascott Trust Completes Purchase of Europe, Indonesia Properties	Dec. 01	MT
CapitaLand Ascott Trust completed the acquisition of Ascott Kuningan Jakarta from Piatra Pte Ltd.	Nov. 29	CI
CapitaLand Ascott Trust Announces Cessation of Ong Su Kiat Melvyn as Non-Executive Independent Director and Member of Audit Committee and Nominating and Remuneration Committee, Effect from 1 January 2024	Nov. 22	CI
Ascott Reit MTN Files for Singapore Listing of SG$100 Million Bonds Due 2028	Nov. 07	MT
CapitaLand Ascott Trust to Divest Two Hotels in Australia for AU$109 Million	Nov. 05	MT
Silversea Investment Pty Ltd agreed to acquire COURTYARD® BY MARRIOTT® SYDNEY-NORTH RYDE and Novotel Sydney Paramatta from CapitaLand Ascott Trust for approximately AUD 110 million.	Nov. 05	CI
Singapore Shares Add Gains; CSE Global Shares Jump 4% as New Orders Surge 83% in Q3	Nov. 01	MT

Chart CapitaLand Ascott Trust

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Company Profile

CapitaLand Ascott Trust (CLAS) is a Singapore-based lodging trust in Asia Pacific. The Companyâs objective is to invest primarily in income-producing 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. The Companyâs international portfolio comprises approximately 103 properties in 47 cities across 15 countries in Asia Pacific, Europe and the United States of America. Its properties operate under the Ascott, Somerset, Quest and Citadines brands. They are mainly located in 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. The Company is managed by CapitaLand Ascott Trust Management Limited.

Sector

Specialized REITs

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

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Ratings for CapitaLand Ascott Trust

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.9 SGD

Average target price

1.139 SGD

Spread / Average Target

+26.56%

Consensus

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Estimates Revisions

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