News

CapitaLand Ascott Trust To Divest Somerset Olympic Tower Tianjin As Part Of Strategy To Recycle Capital And Reconstitute Portfolio To Enhance Returns To Stapled Securityholders

BackOct 22, 2024

Announcement Title	Asset Acquisitions and Disposals
Date & Time of Broadcast	Oct 22, 2024 17:35
Status	New
Announcement Sub Title	CLAS to divest Somerset Olympic Tower Tianjin to recycle capital and reconstitute portfolio
Announcement Reference	SG241022OTHREMM6
Submitted By (Co./ Ind. Name)	Karen Chan
Designation	Company Secretary, CapitaLand Ascott Trust Management Limited
Description (Please provide a detailed description of the event in the box below)	The attached news release issued by CapitaLand Ascott Trust Management Limited (as manager of CapitaLand Ascott Real Estate Investment Trust) and CapitaLand Ascott Business Trust Management Pte. Ltd. (as trustee-manager of CapitaLand Ascott Business Trust) for CapitaLand Ascott Trust on the above matter, is for information.

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