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CapitaLand Ascott Residence Trust (CLAS)
REITs
CapitaLand Ascott Trust to divest Somerset Olympic Tower Tianjin under portfolio reconstitution strategy
Somerset Olympic Tower Tianjin, which comprises 185 units, is expected to be divested at above book value. Photo: CLAS
October 22, 2024
Results
CapitaLand Ascott Trust sees gross profit up by 15% y-o-y in 1QFY2024
CLAS's NAV per stapled security stood at $1.13 as at March 31.
April 24, 2024
Broker's Calls
UOB Kay Hian keeps ‘buy’ on Capitaland Ascott Trust with lowered target price
UOB Kay Hian is maintaining his “buy” call on Capitaland Ascott Trust, but at a lowered target price.
August 31, 2023
Results
CLAS reports 1HFY2023 distribution of 2.78 cents, up 19% y-o-y
CLAS's performance was supported by the 'twin pillars' of growth and stable income.
July 27, 2023
Property
CapitaLand's $1.37 bil 'Geneo' redevelopment to help rejuvenate 40-year-old Singapore Science Park
The Singapore Science Park is marking its 40th anniversary this year
June 26, 2023
Finance
CLAS displaces Golden Agri-Resources from STI's reserve list following quarterly review
There are no changes to the 30-member index
March 02, 2023
Company in the news
CapitaLand cautiously optimistic about FY2023; big focus on China
China's reopening is a big focus for CapitaLand Investment for the coming year.
February 23, 2023
REITs
Volatile hospitality trusts have their day in the sun
Hospitality trusts are a tad more challenging to manage than other REITs
February 23, 2023
Results
CLI reports FY2022 earnings of $861 mil, plans distribution of Clas units
CLI will give a cash dividend of 12 cents per share, and a special dividend-in-specie of 0.057 Clas unit per share
February 23, 2023
Broker's Calls
Hotel and hospitality S-REITs to benefit as China reopens
S-REITs will benefit from China's reopening as the country opens to the world, as well as REITs that have exposure to China.
January 03, 2023