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Singaporean REIT Buys London And Dublin Hotels For £275M In Bet On Travel Recovery - Vimarsana News

Singaporean REIT Buys London And Dublin Hotels For £275M In Bet On Travel Recovery

CapitaLand Ascott Trust expects to be able to increase the value of its London purchase by £100M.

Source: bisnow.com
CapitalLand Ascott records H1 gross profit of $6.4 mln in Vietnam - Vimarsana News

CapitalLand Ascott records H1 gross profit of $6.4 mln in Vietnam

CapitaLand Ascott Trust, the management agency of five Somerset hotels in Vietnam, posted a gross profit of VND152.7 billion ($6.43 million) in the first half of 2023 from its Vietnam business, up 47% year-on-year.