Tag: Ascott Residence Trust
Ascott Residence Trust to acquire nine serviced residences in five countries
Ascott Residence Trust (ART) has proposed to acquire nine serviced residences, rental housing and student accommodation properties across five countries from its sponsor, The...
Ascott Residence Trust grows longer-stay portfolio with JPY10.4bn deal
Ascott Residence Trust (ART) is expanding its longer-stay lodging portfolio with new investment in Japan. ART will acquire four rental housing properties and its first...
Ascott Residence Trust grows US student housing portfolio with $213m buy
Ascott Residence Trust (ART) is acquiring four student accommodation assets in the US for US$213 million (S$291.2 million). The four assets have a total of...
Ascott Residence Trust makes fourth student housing investment in US
Ascott Residence Trust (ART) is acquiring a freehold 548-bed student accommodation asset, named Seven07 in Champaign, Illinois, US for US$83.25 million (S$112.4 million). Seven07 serves...
Ascott Residence Trust to buy Texas student accommodation asset for US$70m
Singapore-based hospitality real estate investment trust (REIT) Ascott Residence Trust (ART) has announced its third student accommodation investment in the United States. Ascott Residence Trust...
Ascott Residence Trust to sell serviced residence in Shanghai
Singapore-listed hospitality trust Ascott Residence Trust (ART) has agreed to sell a serviced residence, Somerset Xu Hui Shanghai in China for RMB 1,050 million...
Ascott Residence enters student accommodation market with first buy in US
Singapore-listed hospitality trust Ascott Residence Trust (ART) is entering the student accommodation asset market with its first acquisition in the U.S for US$95 million...
Ascott Residence Trust to sell serviced residences for S$191.4m
Singapore-listed hospitality trust Ascott Residence Trust (ART) has entered into two conditional agreements to sell serviced residences, Ascott Guangzhou in China and Citadines Didot...
Ascott Residence Trust to join international real estate investment index
Ascott Residence Trust (ART), the hospitality trust in Asia Pacific, announced it will be included in the FTSE EPRA Nareit Global Real Estate Index...