Featured property: Citadines Kurfürstendamm Berlin, Germany About Us CapitaLand Ascott Trust (CLAS) is the largest lodging trust in Asia Pacific with an asset value of S$8.8 billion as at 31 December 2024. Having listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006, CLAS’ objective is to invest primarily in income-producing real estate and real estate-related assets which are used or predominantly used as serviced residences, rental housing properties, student accommodation and other hospitality assets in any country in the world. CLAS is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index). CLAS’ international portfolio comprises 100 properties with over 18,000 units in 45 cities across 16 countries in Asia Pacific, Europe and the United States of America as at 31 December 2024. CLAS’ properties are mostly operated under the Ascott, Somerset, Quest and Citadines brands. They are 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. In 2024, CLAS continued to be recognised for its high standards in corporate governance, investor engagement and sustainability. For the fourth consecutive year, CLAS retained the top position in the Singapore Governance and Transparency Index 2024 (REITs and Business Trusts category) and was named the Global Listed Sector Leader in the Hotel category in the 2024 GRESB Real Estate Assessment. CLAS is a constituent of sustainability indices including the iEdge-UOB APAC Yield Focus Green REIT Index and the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index. CLAS is a stapled group comprising CapitaLand Ascott Real Estate Investment Trust (CapitaLand Ascott REIT) and CapitaLand Ascott Business Trust (CapitaLand Ascott BT). CLAS is managed by CapitaLand Ascott Trust Management Limited (as manager of CapitaLand Ascott REIT) and CapitaLand Ascott Business Trust Management Pte. Ltd. (as trustee-manager of CapitaLand Ascott BT). The manager and trustee-manager (collectively, the Managers) are wholly-owned subsidiaries of Singaporelisted CapitaLand Investment Limited, a leading global real asset manager with a strong Asia foothold. Total Assets Countries Properties Cities Units S$8.8 billion 16 100 45 >18,000 Our Vision To be the premier lodging trust with quality assets in key global cities Our Mission To deliver stable and sustainable returns to Stapled Securityholders 1 Annual Report 2024
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