Asset Acquisitions and Disposals::CLAS to divest Somerset Olympic Tower Tianjin to recycle capital and reconstitute portfolio

Issuer & Securities

Issuer/ Manager
CAPITALAND ASCOTT TRUST MANAGEMENT LIMITED
Securities
CAPITALAND ASCOTT TRUST - SGXC16332337 - HMN
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
22-Oct-2024 17:35:23
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.

Attachments

News Release_CapitaLand Ascott Trust to divest Somerset Olympic Tower Tianjin_final.pdf
Total size =92K