Bob Tan to retire as Chairman of CLAS' Managers, succeeded by Lui Chong Chee, enhancing the trust's leadership and growth
CLAS divests Citadines Mount Sophia Singapore above book value, netting S$138.6 million and a S$14.6 million gain.
CLAS' distribution per Stapled Security rose by 16% in FY 2023, reflecting robust performance and strategic acquisitions.
CLAS sells three Osaka hotels at 15% premium, expecting JPY3.9 billion proceeds and a JPY1.1 billion gain. Aligns with Japan
CapitaLand Ascott Trust to sell two Sydney hotels for AUD109.0 million, focusing on reinvestment for higher returns and strategic asset
Distribution per Stapled Security grew 19% to 2.78 cents in 1H 2023. Portfolio revenue per available unit (REVPAU) increased 44%
Distribution per Stapled Security (DPS) rose to 5.67 cents on stronger operating performance in FY 2022; excluding one-off items, DPS