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Mr Bob Tan to retire as Chairman of the Boards of CapitaLand Ascott Trust; Mr Lui Chong Chee appointed as new Chairman effective 22 April 2024
CapitaLand Ascott Trust has announced that Mr Bob Tan will retire as the Chairman of CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust Management. Mr Lui Chong Chee will succeed Mr Bob Tan on 22 April 2024.

March 11, 2024

CapitaLand Investment establishes CapitaLand Ascott Residence Asia Fund II to invest in lodging properties amidst growing demand
Secures first close and will acquire two lyf-branded properties in Singapore and Japan as seed assets

February 19, 2024

CapitaLand Ascott Trust increased FY 2023 Distribution per Stapled Security by 16% through stronger operating performance and new acquisitions
• Revenue per available unit for FY 2023 grew 23% year-on-year to pre-pandemic levels • Achieves about S$156 million or 2% increase in portfolio valuation with better operating performance and outlook for properties

January 30, 2024

Ascott and CapitaLand Wellness Fund acquire lodging property in Singapore to be relaunched under the award-winning lyf brand
lyf Bugis Singapore to be unveiled mid-2024 catering to growing demand for experience-led social living

January 9, 2024

CapitaLand Investment consolidates position as global leader in sustainability on Dow Jones Sustainability Indices 2023
CapitaLand’s 12th consecutive year on the World Index and 15th straight year on the Asia Pacific Index reaffirm its strong ESG outcomes

December 11, 2023

CapitaLand Investment raises additional S$1.3 billion third-party equity commitment for its private funds
• Raises fresh capital of S$870 million for CapitaLand China Opportunistic Partners Programme • Increases S$134 million funding for CapitaLand Open End Real Estate Fund • Secures S$263 million for CapitaLand India Growth Fund 2

August 11, 2023

CapitaLand Investment launches new business park development fund in India
New fund is expected to add S$700 million to CLI’s funds under management

August 10, 2023

CapitaLand Ascott Trust proposes S$530.8 million acquisition of three lodging assets in London, Dublin and Jakarta
Proposed acquisition is 1.8% accretive to DPS; Two existing CLAS properties in central Sydney and London to undergo AEIs with estimated yields on AEI cost of approximately 11%

August 8, 2023

CapitaLand India Trust reports net property income growth of 13% in INR terms and 3% in SGD terms for 1H FY 2023
Block A in ITPH achieves 100% committed occupancy; Portfolio occupancy improves to 94%

August 2, 2023

CapitaLand Ascott Trust’s gross profit rose 31% in 1H 2023 with stronger operating performance and quality acquisitions
• Distribution per Stapled Security grew 19% to 2.78 cents in 1H 2023 • Portfolio revenue per available unit (REVPAU) increased 44% in 1H 2023 on robust lodging demand

July 31, 2023

CapitaLand Investment elevates its ESG efforts with refreshed 2030 Sustainability Master Plan
The Master Plan integrates its 2050 Net Zero carbon emissions commitment, introduces new social targets, and increases focus on governance

June 5, 2023

Ascott unveils new target to double fee revenue to over S$500 million in next five years
New signings of over 4,000 units in 1Q propel Ascott to exceed current target of 160,000 units

April 20, 2023

CapitaLand Investment to acquire six multifamily assets in Osaka, Japan for its regional core-plus private fund for S$141.4 million (US$105.9 million)
CapitaLand Open End Real Estate Fund diversifies its portfolio with entry into multifamily sector

April 3, 2023

CapitaLand partners with tenants and government agencies for its global Sustainability X Challenge 2023 to widen sustainability impact
Over S$1 million upsized funding to accelerate its innovation drive in its journey towards Net Zero

March 20, 2023

CapitaLand Investment establishes China data centre development fund with S$1 billion investments
CapitaLand China Data Centre Partners will develop two hyperscale data centres in Greater Beijing, bringing CapitaLand’s data centre portfolio to 26 across Asia and Europe

February 23, 2023

CapitaLand Investment establishes CapitaLand China Opportunistic Partners Programme to invest in special situation opportunities in China
S$1.1 billion in total equity has been committed to the Programme which has acquired its first two assets in Beijing and Foshan

February 23, 2023

CapitaLand Hope Foundation expands Hope School Programme to Pune to offer quality education to over 500 children
Third school under the programme in India extends the Group’s support to over 28,500 children across 32 schools in India, China and Vietnam

February 14, 2023

CapitaLand India Trust to acquire Chennai site and develop its third data centre in India
Acquisition will expand CLINT’s presence in the resilient data centre sector across key Indian cities

December 14, 2022

CapitaLand Investment’s global sustainability leadership recognised on Dow Jones Sustainability Indices in 2022
CapitaLand’s 11th consecutive year on the World Index and 14th straight year on the Asia Pacific Index demonstrate its consistently strong sustainability performance

December 12, 2022

CapitaLand Investment establishes two onshore RMB funds totalling about RMB4 billion to invest in business parks in China
Third-party capital of RMB3.2 billion raised from 10 new domestic investors for the two private funds

November 3, 2022

Catapult, Southeast Asia’s first shared executive learning centre, opens in Rochester Commons Singapore
Offers immersive and experiential learning environment with state-of-the-art facilities including Singapore’s first commercial 180-degree and 360-degree studios

November 2, 2022

CapitaLand Ascott Trust partners with the International Finance Corporation on its first sustainability-linked bond in the hospitality sector
CapitaLand Ascott Trust (CLAS) has partnered with the International Finance Corporation (IFC) to launch IFC’s first sustainability-linked bond in the hospitality sector globally.

November 1, 2022

CapitaLand Ascott Trust retains top sustainability ranking as ‘Global Sector Leader’ in 2022 GRESB Real Estate Assessment for second consecutive year
The only listed hospitality trust in Asia-Pacific to receive the highest rating of 5 stars

October 18, 2022

CapitaLand Investment and its listed trusts receive top sustainability recognition with 5-star rating in 2022 GRESB Real Estate Assessment
CapitaLand Ascott Trust retains ‘Global Sector Leader’ ranking for second consecutive year. CLI and its listed trusts have secured S$4b through 18 sustainable financing instruments in 2022, bringing the total raised to S$10.9b to date.

October 18, 2022

CapitaLand builds second Hope School in Bangalore to provide quality education to over 400 children
There are now 31 CapitaLand Hope Schools across India, China and Vietnam benefitting over 28,000 children

September 21, 2022

Ascott Residence Trust to acquire S$318.3 million of assets in Australia, France, Japan, USA and Vietnam to strengthen presence in key markets
Yield-accretive acquisition of the nine properties is expected to enhance ART’s income resilience and consolidate its position as Asia-Pacific’s largest hospitality trust

August 15, 2022

CapitaLand’s Sustainability X Challenge 2022 unveils 10 finalists selected from over 340 entries from across 50 countries
Innovations from CSXC 2021 testbedded at CapitaLand’s properties in India, Singapore and the United States offer opportunities to scale globally

July 12, 2022

CapitaLand Investment establishes its first onshore RMB fund in China
Acquisition of a quality office building demonstrates CLI’s deep expertise to bring special situation opportunities to investors

June 22, 2022

CapitaLand Investment acquires 22-storey office tower in Melbourne’s CBD
Acquisition marks CLI’s fifth investment in Australia within six months

June 8, 2022

Ascott acquires first lyf coliving property in Sydney through its serviced residence global fund
Expands lyf brand with the opening of Ascott’s first lyf property in Australia, lyf Collingwood Melbourne, and the eighth lyf property to open globally

June 2, 2022

CapitaLand Investment commits to Net Zero by 2050
Achieves cumulative utilities cost avoidance of S$320 million through reduction in carbon emissions, energy and water intensities

May 31, 2022

Ascott Residence Trust is first hospitality trust globally to issue sustainability-linked bond of S$200 million
First sustainability-linked bond by a Singapore-listed real estate trust receives strong demand with 2.2 times oversubscription

April 20, 2022