அஸ்காட் வணிக நம்பிக்கை மேலாண்மை ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from அஸ்காட் வணிக நம்பிக்கை மேலாண்மை ட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In அஸ்காட் வணிக நம்பிக்கை மேலாண்மை ட் Today - Breaking & Trending Today

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 distributed to Stapled Securityholders. ART also released the S$5.0 million of distributable income which was retained in 1H 2020. Distribution per Stapled Security (DPS) for 2H 2020 is 1.99 cents, a 52% decrease compared to 4.18 cents in 2H 2019. ....

New York , United States , France General , Republic Of , Beh Siew Kim , Mark Gold , Citadines Didot Montparnasse , Ascott Business Trust Management Pte , Monetary Authority Of Singapore , Liang Court , Bank Ltd , Ascendas Hospitality , Ascott Residence Trust Management Limited , Construction Authority Of Singapore , Ascott Residence Trust , Somerset Liang Court Singapore , Citadines City Centre Grenoble , Hotel Central Times Square , Residence Trust , Stapled Securityholders , Stapled Security , Somerset West Lake Hanoi , Ascendas Hospitality Trust , Quest Macquarie Park Sydney , Bob Tan , Ascott Business Trust Management ,

ASCOTT RESIDENCE TRUST FORAYS INTO THE STUDENT ACCOMMODATION ASSET CLASS WITH FIRST ACQUISITION IN THE USA FOR US$95 MILLION


 
ASCOTT RESIDENCE TRUST FORAYS INTO THE STUDENT ACCOMMODATION ASSET CLASS WITH FIRST ACQUISITION IN THE USA FOR US$95 MILLION
Industry:
(TRAVPR.COM)
SINGAPORE -
January 27th, 2021 - Ascott Residence Trust (ART) will foray into the student accommodation asset class with its first acquisition in the United States of America (USA) for US$95 million (S$126.3 million). The purpose-built student accommodation asset, Signature West Midtown, is a freehold property with 525 beds across 183 units located in the heart of Atlanta, Georgia. The transaction is expected to be completed by end 1Q 2021. In conjunction with the acquisition, ART will expand its investment mandate to include student accommodation. The accretive acquisition will increase the pro forma FY 2020 Distribution per Stapled Security (DPS) by approximately 4.4%. ....

United States , Georgia Institute Of Technology , Beh Siew Kim , Georgia Institute Of Technology Tech , Ascott Residence Trust Management Limited , Ascott Business Trust Management Pte , Ascott Residence Trust , Technology Enterprise Park , Residence Trust , Signature West Midtown , Stapled Security , Bob Tan , Ascott Business Trust Management , Stapled Securityholders , Chief Executive Officer , West Midtown , Georgia Institute , Georgia Tech , ஒன்றுபட்டது மாநிலங்களில் , ஜார்ஜியா நிறுவனம் ஆஃப் தொழில்நுட்பம் , ஜார்ஜியா நிறுவனம் ஆஃப் தொழில்நுட்பம் தொழில்நுட்பம் , அஸ்காட் குடியிருப்பு நம்பிக்கை மேலாண்மை வரையறுக்கப்பட்டவை , அஸ்காட் வணிக நம்பிக்கை மேலாண்மை ட் , அஸ்காட் குடியிருப்பு நம்பிக்கை , தொழில்நுட்பம் நிறுவன பூங்கா , குடியிருப்பு நம்பிக்கை ,