trending Market Intelligence /marketintelligence/en/news-insights/trending/soQel7X7W8qBYM5ENHx-wQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Ascott Residence completes acquisition of Ascendas Hospitality

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview


Ascott Residence completes acquisition of Ascendas Hospitality

Ascott Residence Trust completed the acquisition of Ascendas Hospitality Trust, the companies said in a release Dec. 31, 2019.

The combination of the two CapitaLand Group-member companies is expected to create the largest hospitality trust in the Asia-Pacific region, with an asset value of S$7.6 billion and a portfolio of 88 properties with more than 16,000 units across 39 cities in 15 countries.

Trading of the post-combination units of Ascott Residence Trust will commence Jan. 2, while Ascendas Hospitality will be delisted from the Singapore Stock Exchange on Jan. 3.

As of Jan. 1, US$1 was equivalent to S$1.35.