Source: REITsWeek

CLAS: CapitaLand Ascott Trust strengthens Japanese portfolio with JPY4 billion acquisition

CapitaLand Ascott Trust (CLAS) has acquired three freehold rental housing properties in Japan for JPY4 billion as part of its portfolio reconstitution strategy. The acquisition comprises two properties in Osaka and one in Kyoto, funded through proceeds from the divestment of Citadines Karasuma-Gojo Kyoto in October 2024 and Japanese yen-denominated debt. The transaction demonstrates CLAS's [...]

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Annual Revenue
$500M-1.0B
Employees
1.0-5.0K
Teo Joo Ling Serena's photo - CEO of CLAS

CEO

Teo Joo Ling Serena

CEO Approval Rating

90/100