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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