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CapitaLand Ascott Trust proposes S$530.8 million acquisition of three lodging assets in London, Dublin and Jakarta

CapitaLand Ascott Trust (CLAS) has signed a Memorandum of Understanding (MOU) with its sponsor, The Ascott Limited (Ascott), for a proposedDPS-accretive acquisition of three lodging assets in the United Kingdom (UK), Ireland and Indonesia at an agreed property value of S$530.8 million. The three assets are a hotel in London, The Cavendish London; a hotel in Dublin, Temple Bar Hotel; and a serviced residence in Jakarta, Ascott Kuningan Jakarta. The acquisition will enable CLAS to enhance its inco...
United Kingdom Temple Bar New South Wales United States City Of Jakarta Raya

Ascott Expands Footprint of the Crest Collection Brand to Asia to Tap Growing Demand for Bespoke Experiences

The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment, is set to debut The Crest Collection -- a global portfolio of charming bespoke hotels and serviced residences that integrates heritage stories with curated hospitality experiences, in Singapore, China and Vietnam. The Crest Collection will also continue to grow its current portfolio in France with the addition of its fifth property in Saint-Germain-des-Prés, Paris. To date, Ascott has secured over 1,000 ...
United States France General Republic Of Han I City Of United Kingdom

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Ascott To Activ∞ Tiktok Influencers from Around the World to Create Most Engaging City Stay Content for the #Infin8citadines Global Tiktokers' Challenge

CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott), has launched a global TikTok campaign – the #Infin8Citadines Global TikTokers’ Challenge. The challenge will see eight TikTok influencers from different countries including Australia, France, Indonesia, Japan, Philippines, Singapore, the UAE and Vietnam, create weekly-themed content to compete for a grand prize – a 24-night stay at Citadines properties across eight different cities. In ...
United States Champagne Ardenne Republic Of Asia Pacific Citadines Marina Halong Ascott Tiktok

The Ascott Limited Unveils Citadines Brand Refresh to Prepare for Next Phase of Accelerated Growth for Its Aparthotel Brand

CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott), unveils the refresh of its fastest growing brand, Citadines, with 80 properties under development across 56 cities. Ascott acquired the Citadines chain in Europe in 2004. It has since tripled its portfolio with 104 properties in operation, including its latest flagship property, Citadines Raffles Place Singapore, in the heart of the city’s financial district.
United States Champagne Ardenne Republic Of United Arab Emirates Asia Pacific Capitaland Group

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