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About Us

CapitaLand Ascott Trust (CLAS) is the largest lodging trust in Asia Pacific

CLAS has an asset value of S$8.8 billion as at 30 June 2025. CLAS' objective is to invest primarily in income-producing real estate and real estate-related assets which are used or predominantly used as serviced residences, rental housing properties, student accommodation and other hospitality assets in any country in the world. CLAS was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006, and is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index).

  • 101

    properties

  • 18,000

    units

  • 45

    cities

  • 16

    countries

  Citadines Les Halles, Paris

Diversified portfolio delivering sustainable distributions through market cycles

CLAS has a global portfolio that is anchored in Asia Pacific. With a geographically diversified presence across 16 countries, range of lodging asset classes and balanced mix of stable and growth income streams, CLAS is uniquely positioned to deliver sustainable returns through market cycles.

Global portfolio anchored in
Asia Pacific

Total Assets
As at 30 Jun 2025

26%

18%

56%

  • Asia Pacific
  • Europe
  • USA
Range of lodging asset classes
 

Portfolio Value
As at 30 Jun 2025

38%

6%

11%

45%

  • Serviced Residences
  • Hotels
  • Rental Housing
  • Student Accommodation
60% to 70% stable income
 

 

30-40%

60-70%

  • Stable Income Sources
  • Growth Income Sources
Strategic portfolio reconstitution and value creation for enhanced quality and returns

At CLAS, we actively enhance our portfolio through strategic reconstitution and value creation initiatives. By investing accretively, divesting to unlock gains, and implementing asset enhancements, we ensure that our portfolio remains robust and resilient. Since our listing in 2006, our asset size has expanded ten-fold, establishing CLAS as a key player in the lodging sector.

In FY 2024 and 1H 2025, CLAS has completed over S$500 million in divestments at up to 55% premium to book value, and reinvested the proceeds into more optimal, accretive uses, including about S$530 million in higher yielding investments. Our planned and ongoing asset enhancement and development projects further position CLAS for continued growth.

Share Price