Ascott

Property

Ascott to invest $170 mil in Funan’s co-living component

SINGAPORE (Aug 4): The Ascott Limited is investing $170.3 million in the serviced residences component of the Funan integrated development through its fund with Qatar Investment Authority (QIA).

Broker's Calls

Ascott on track to exceed 80,000 units in global portfolio by 2020

SINGAPORE (July 10): CapitaLand recently announced that its serviced residence segment, The Ascott, will acquire for A$180 million ($191 million) an additional 60% stake in Quest Apartment Hotels.

Property

Ascott acquires hotel on New York’s Fifth Avenue for $68 mil

SINGAPORE (May 5): The Ascott Limited, CapitaLand’s wholly-owned serviced residence business unit, has acquired a prime property on New York’s Fifth Avenue.

CapitaLand may be rising, but here’s why it is still not time to ‘buy’

SINGAPORE (March 1): RHB is remaining “neutral” on CapitaLand while raising its target price to $3.60 from $3.15 previously, as it expects limited upside on the stock following the run-up in its share price, which has increased by about 20% in the yea

CapitaLand in alleged lease dispute with UK art gallery

SINGAPORE (Jan 4): Franses Gallery, a London-based UK art gallery, says it is currently in the midst of a “bitter [court] dispute” with CapitaLand over a new 15-year lease of purpose-built premises within the Singapore-listed property developer’s As
Temple Bar Hotel

CapitaLand’s Ascott acquires Dublin hotel for $83.6 mil

SINGAPORE (Dec 16): CapitaLand on Friday announced that wholly-owned serviced residence business unit The Ascott has acquired Temple Bar Hotel in Ireland capital Dublin for 55.1 million euro ($83.6 million).
Ascott

CapitaLand’s Ascott to buy prime Australian property for $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 ($71 million) as part of its partnership with Australian-based apartment
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