HMN.SI - CapitaLand Ascott Trust

CapitaLand Ascott Trust

No. 30-01 Capital Tower
168 Robinson Road
Singapore 068912
Singapore
65 6713 2888
https://www.capitalandascotttrust.com

Sector(s): Real Estate
Industry: REIT—Diversified
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Joo Ling Teo	CEO & Exec. Non-Independent Director	N/A	N/A	N/A
Ms. Siew Fong Kang	Chief Financial Officer of Ascott Residence Trust Management Limited	N/A	N/A	N/A
Mr. Kin Leong Chan	Head of Investment & Asset Management of Ascott Residence Trust Management Limited	N/A	N/A	N/A
Ms. Xiao Fen Wong	Head, Investor Relations & Sustainability of Ascott Residence Trust Management Limited	N/A	N/A	N/A
Ms. Joan Tan	VP of Group Communications - Ascott Residence Trust Management Limited	N/A	N/A	N/A
Ms. Yim Mei Chan	Company Sec. of Ascott Residence Trust Management Limited	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SGD.

Description

CapitaLand Ascott Trust (CLAS), formerly known as Ascott Residence Trust, is the largest lodging trust in Asia-Pacific with an asset value of S$8 billion as at 31 December 2022. 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). CLAS' international portfolio comprises 105 properties with more than 18,000 units in 47 cities across 15 countries in Asia-Pacific, Europe and the United States of America as at 31 December 2022. CLAS' properties are mostly operated under the Ascott, Somerset, Quest and Citadines brands. They are mainly located in key gateway cities such as Barcelona, Berlin, Brussels, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, London, Manila, Melbourne, Munich, New York, Paris, Perth, Seoul, Singapore, Sydney and Tokyo. CLAS is a stapled group comprising CapitaLand Ascott Real Estate Investment Trust (CapitaLand Ascott REIT), formerly known as Ascott Real Estate Investment Trust (Ascott REIT), and CapitaLand Ascott Business Trust (CapitaLand Ascott BT), formerly known as Ascott Business Trust (Ascott BT). CLAS is managed by CapitaLand Ascott Trust Management Limited (as manager of CapitaLand Ascott REIT), formerly known as Ascott Residence Trust Management Limited, and CapitaLand Ascott Business Trust Management Pte. Ltd. (as trustee-manager of CapitaLand Ascott BT), formerly known as Ascott Business Trust Management Pte. Ltd. The manager and trustee-manager are wholly owned subsidiaries of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.

Corporate governance

CapitaLand Ascott Trust’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.