Page 2 - Stapled Securityholders News Today

Ascott Residence Trust (ART) will invest about JPY 10.4 billion (S$125.0 million) to acquire four rental housing properties and its first student accommodation property in Japan. The yield-accretive acquisitions are set to increase ART’s pro forma FY 2021 Distribution per Stapled Security by approximately 1.7%. The average NOI yield is...

Ascott Residence Trust (ART) will invest about JPY 10.4 billion[1] (S$125.0 million[2]) to acquire four rental housing properties and its first student accommodation property in Japan. The yield-accretive acquisitions are set to increase ART’s pro forma FY 2021 Distribution per Stapled Security by approximately 1.7%[3]. The average NOI yield[4] is expected to be about 4.0%. The five properties will be acquired on a turnkey basis from two different sellers on a willing buyer and willing seller ...

Grows longer-stay lodging assets to 16% of total portfolio to further enhance income resilience.

Grows longer-stay lodging assets to 16% of total portfolio to further enhance income resilience

Ascott Residence Trust (ART) will acquire four student accommodation assets in the USA for US$213.0 million (S$291.2 million). The four assets have a total of 1,651 beds, serving more than 100,000 students across five universities in three states.

Ascott Residence Trust (ART) will acquire four student accommodation assets in the USA for US3.0 million  (S1.2 million).

Ascott Residence Trust will acquire a freehold 548-bed student accommodation asset, named Seven07 in Champaign, Illinois, USA for US.25 million.

-

Ascott Residence Trust (ART) has entered into agreements to acquire three freehold rental housing properties in central Sapporo for a total of 6.78 billion yen. The three properties – City Court Kita 1 jo, Big Palace Minami 5 jo, and Alpha Square Kita 15 jo ...

  ASCOTT RESIDENCE TRUST POSTS DISTRIBUTABLE INCOME OF S$61.7 MILLION IN 2H 2020 AND S$94.2 MILLION IN FY 2020 Industry:    (TRAVPR.COM) SINGAPORE - January 27th, 2021 - Ascott Residence Trust (ART) posted a distributable income of S$61.7 million in 2H 2020 and S$94.2 million in FY 2020 amidst the COVID-19 pandemic. The distributable income for 2H 2020 is a 32% decline compared to 2H 2019. To mitigate the impact of COVID-19, replace loss income from divested assets and to share past divestm...