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ASCOTT RESIDENCE TRUST TO JOIN FTSE EPRA NAREIT GLOBAL DEVELOPED INDEX
Press Release: Accommodation — June 8th, 2020
Index inclusion will broaden Ascott Residence Trust's reach to international investors.

ASCOTT REIT ACQUIRES PRIME FREEHOLD LIMITED-SERVICE BUSINESS HOTEL IN SYDNEY AUSTRALIA FOR A$60.6 MILLION
Press Release: Hotels — March 27th, 2019
To be rebranded as Citadines Connect Sydney Airport in May 2019, targeting business travellers who are constantly online and on the go.

ASCOTT REIT’S 4Q 2018 DISTRIBUTION PER UNIT INCREASES 5% TO 2.15 CENTS
Press Release: Hotels — January 29th, 2019
FY 2018 Unitholders’ distribution of S$154.8 million is record high for third consecutive year.

ASCOTT REIT DIVESTS ASCOTT RAFFLES PLACE SINGAPORE FOR S$353.3 MILLION
Press Release: Accommodation — January 10th, 2019
Proactive portfolio reconstitution enhances financial flexibility to invest in accretive opportunities.

ASCOTT REIT’S UNITHOLDERS’ DISTRIBUTION INCREASES 7% TO S$108.3 MILLION FOR YEAR-TO-DATE SEPTEMBER 2017
Press Release: Accommodation — October 23rd, 2017
Strong operating performance with double-digit growth in RevPAU in Belgium and the Philippines.

ASCOTT REIT MAKES THIRD ACCRETIVE ACQUISITION IN MANHATTAN NEW YORK WITHIN TWO YEARS FOR US$106 MILLION
Press Release: Accommodation — May 31st, 2017
Ascott Residence Trust (Ascott Reit) is adding another prime property to its global portfolio by acquiring the 224-unit DoubleTree by Hilton Hotel New York – Times Square South for US$106 million (S$148.4 million ). The freehold property is located in Midtown Manhattan near Times Square, one of the most visited locations in the world, with more than 40 million visitors each year..

ACQUISITIONS LIFT ASCOTT REIT’S 3Q 2015 REVENUE BY 21% TO S$113.2 MILLION
Press Release: Accommodation — October 29th, 2015
RevPAU climbs 10% due to stronger operating performance.

ASCOTT REIT FORAYS INTO THE U.S WITH ACQUISITION OF PRIME NY PROPERTY
Press Release: Hotels — July 2nd, 2015
Ascott Residence Trust is expanding its footprint to the United States of America by acquiring the 411-key Element New York Times Square West hotel located in Midtown Manhattan for USD163.5 million (approximately S$220.7 million). The accretive acquisition at an EBITDA yield of 6.2% is expected to increase Ascott Reit’s distribution income in FY 2014 by USD0.8 million, translating to a rise in distribution per unit from 8.44 cents2 to 8.51 cents on a pro forma basis. This acquisition comes hot on the heels of Ascott Reit’s purchase of three quality serviced residences and four rental housing properties in Australia and Japan..

ASCOTT INKS AUD500 MILLION STRATEGIC PARTNERSHIP WITH QUEST IN AUSTRALIA
Press Release: Travel PR — October 23rd, 2014
Ascott acquires a 20% stake in Quest for AUD28.8 million.

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