Upon completion of the proposed acquisition, CLAS is expected to increase its total distribution by $13.5 million and its distribution per stapled security (DPS) by 1.8% on a FY2022 pro-forma basis.
CapitaLand Ascott Trust (CLAS) (SGX:HMN
) has proposed to acquire three lodging assets at $530.8 million.
The three assets are a 230-unit hotel in London, The Cavendish London; a 136-unit hotel in Dublin, Temple Bar Hotel; and a 185-unit serviced residence in Jakarta, Ascott Kuningan Jakarta.
