Interested Person Transaction::Proposed acquisition of properties in Australia, France, Japan, Vietnam & U.S.

Issuer & Securities

Announcement Title: Interested Person Transaction
Date &Time of Broadcast: 15-Aug-2022 07:35:53
Status: New
Announcement Sub Title: Proposed acquisition of properties in Australia, France, Japan, Vietnam & U.S.
Announcement Reference: SG220815OTHREBZ5
Submitted By (Co./ Ind. Name): Karen Chan
Designation: Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below): The attached announcement, news release and presentation slides issued by Ascott Residence Trust Management Limited, the manager of Ascott Real Estate Investment Trust and Ascott Business Trust Management Pte. Ltd., the trustee-manager of Ascott Business Trust for Ascott Residence Trust on the above matter, are for information:

(1) Announcement - The Proposed Acquisition of Interests in Serviced Residence Properties in France, Vietnam and Australia, Rental Housing Properties in Japan and a Student Accommodation Property in South Carolina, US at an Aggregate Purchase Consideration of S$215.2 Million from Interested Persons and Entry into Master Leases, Management Agreements and France Loan Assignment Documents
(2) News Release - Ascott Residence Trust Proposes to Acquire S$318.3 Million of Assets in Australia, France, Japan, USA and Vietnam to Strengthen Presence in Key Markets
(3) Presentation Slides - Proposed Acquisition of 9 Properties in France, Japan, Vietnam, US and Australia

Interested Person Details: Please refer to the attached announcement, news release and presentation slides.

Total size =6799K