Ascendas Hospitality Trust Stapled UnitsCompany Review & Valuation

Q1P
Singapore Exchange

About Ascendas Hospitality Trust Stapled Units

Ascendas Hospitality Trust (“A-HTRUST”) was listed in July 2012 as a stapled group comprising Ascendas Hospitality Real Estate Investment Trust (“A-HREIT”) and Ascendas Hospitality Business Trust (“A-HBT”), established with the principal investment strategy of investing, directly or indirectlyShow more , in a diversified portfolio of income-producing real estate used predominantly for hospitality purposes, as well as real estate related assets in connection with the foregoing. The asset portfolio comprises 10 quality hotels with approximately 4,000 rooms geographically diversified across key cities in Australia, South Korea, Japan and Singapore; and located in close proximity to central business districts, business precincts, suburban centers, transportation nodes and iconic tourist landmarks. A-HTRUST is managed by Ascendas Hospitality Fund Management Pte. Ltd., the manager of A-HREIT, and Ascendas Hospitality Trust Management Pte. Ltd., the trustee-manager of A-HBT. A-HTRUST is sponsored by Ascendas Land International Pte Ltd, a wholly-owned subsidiary of Ascendas Pte Ltd. Show less

Industry
Real Estate Services
HQ Location
SG

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