Description: Ascott Residence Trust (ART) is the largest hospitality trust in Asia Pacific with an asset value of S$7.2 billion as at 31 December 2020. Having listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006, ART's objective is to invest primarily in incomeproducing real estate and real estate-related assets which are used or predominantly used as serviced residences, hotels, rental housing properties and other hospitality assets in any country in the world. Ascott Real Estate Investment Trust's investment mandate will include student accommodation to be effected on 27 February 2021. ART is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index). ART's international portfolio comprises 86 properties with more than 16,000 units in 38 cities across 15 countries in Asia Pacific, Europe and the United States of America as at 31 December 2020. ART's properties are mostly operated under the Ascott The Residence, Somerset, Quest and Citadines brands. They are mainly located in key gateway cities such as Barcelona, Berlin, Brussels, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, London, Manila, Melbourne, Munich, New York, Paris, Perth, Seoul, Shanghai, Singapore and Tokyo. ART is a stapled group comprising Ascott Real Estate Investment Trust (Ascott Reit) and Ascott Business Trust (Ascott BT). ART is managed by Ascott Residence Trust Management Limited (as manager of Ascott Reit) and Ascott Business Trust Management Pte. Ltd. (as trustee-manager of Ascott BT), both of which are wholly-owned subsidiaries of Singapore-listed CapitaLand Limited, one of Asia's largest diversified real estate groups.
Home Page: www.ascottreit.com
No. 30-01 Capital Tower
Singapore,
068912
Singapore
Phone:
65 6713 2888
Officers
Name | Title |
---|---|
Ms. Joo Ling Teo | CEO & Exec. Non-Independent Director |
Ms. Siew Fong Kang | Chief Financial Officer of Ascott Residence Trust Management Limited |
Mr. Kin Leong Chan | Head of Investment & Asset Management of Ascott Residence Trust Management Limited |
Ms. Xiao Fen Wong | Head, Investor Relations & Sustainability of Ascott Residence Trust Management Limited |
Ms. Joan Tan | VP of Group Communications - Ascott Residence Trust Management Limited |
Ms. Yim Mei Chan | Company Sec. of Ascott Residence Trust Management Limited |
Exchange: PINK
Country: US
Currency: US Dollar ($)
Forward PE: | 12.0048 |
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Trailing PE: | 15.75 |
Price-to-Book MRQ: | 0.6985 |
Price-to-Sales TTM: | 4.5482 |
IPO Date: | |
Fiscal Year End: | December |
Full Time Employees: | 0 |