Ascott Doubles Its Student Accommodation Assets
Ascott Residence Trust (ART) will acquire four student accommodation assets in the USA for US3.0 million (S1.2 million).
Source: ftnnews.com
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Ascott's US.25 Million Acquisition in the US
Ascott Residence Trust will acquire a freehold 548-bed student accommodation asset, named Seven07 in Champaign, Illinois, USA for US.25 million.
Source: ftnnews.com
Ascott Residence Trust acquires 3 rental housing properties in Sapporo
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 – are within walking distance…
Source: japantoday.com
ASCOTT RESIDENCE TRUST POSTS DISTRIBUTABLE INCOME OF S$61.7 MILLION IN 2H 2020 AND S$94.2 MILLION IN FY 2020
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 divestment gains with Stapled Securityholders, a one-off partial divestment gain of S$40.0 million will be ...
Source: travpr.com