CapitaLand Ascott Trust - Annual Report 2024

Front Cover	1
Contents Page	2
About Us	3
Chairman & CEO Message	4
2024 Highlights	6
Trust Structure and Organisation Structure	12
Boards of Directors	13
Management Team	16
Financial Review	17
Portfolio Overview	24
Operations Review	28
Investor Relations	52
Portfolio Listing	54
Risk Management	60
Corporate Governance	65
Statement of Policies and Practices	95
Financial Statements and Notes	101
Report of the Trustee of CapitaLand Ascott Real Estate Investment Trust	102
Report of the Manager of CapitaLand Ascott Real Estate Investment Trust	103
Report of the Trustee-Manager of CapitaLand Ascott Business Trust	104
Statement by the BT Trustee-Manager	108
Statement by the Chief Executive Officer of the BT Trustee-Manager	109
Independent Auditor’s Report	110
Statements of Financial Position	115
Statements of Total Return	116
Statement of Comprehensive Income of the CapitaLand Ascott BT Group	117
Distribution Statements	118
Statements of Movements in Stapled Securityholders’ Funds	119
Portfolio Statements	129
Statements of Cash Flows	148
Notes to the Financial Statements	152
Additional Information	309
Statistics of Stapled Securityholdings	311
Corporate Information	315
Back Cover	316

RkJQdWJsaXNoZXIy NTkwNzg=