CapitaLand Ascott Trust Overview
Pro stress-test →CapitaLand Ascott Trust (CLAS) is a hospitality trust focusing on serviced residences, hotels, rental housing, and student accommodation. The company's international portfolio comprises approximately 100 properties with more than 18,000 units in 45 cities across 16 countries in Asia Pacific, Europe, and the United States of America.
Strategic Profile
Pro stress-test →Properties are operated under the Ascott, Somerset, Quest and Citadines brands, 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, Singapore, Sydney and Tokyo. CLAS is a stapled group comprising CapitaLand Ascott Real Estate Investment Trust (CapitaLand Ascott REIT) and CapitaLand Ascott Business Trust (CapitaLand Ascott BT).
Competitive Landscape
Pro stress-test →Main markets include the United States, France, Japan, Singapore, the United Kingdom, Vietnam, China, and Australia. Competes with other Asia-Pacific focused hospitality REITs in serviced residences and alternative lodging segments. Differentiated by branded portfolio (Ascott, Somerset, Quest, Citadines) and CapitaLand backing.
Industry Context
CapitaLand Ascott Trust operates in Hospitality Real Estate Investment Trust (Lodging, Serviced Residences, Student Accommodation).
Key facts
Headquarters: Singapore, SG