Ascendas Hospitality Trust (A-HTrust)

SINGAPORE (Jan 29): Ascendas Hospitality Trust (A-HTRUST) posted distribution per stapled security (DPS) of 1.45 cents for the 3Q18/19 ended December, 2.8% higher than DPS of 1.41 cents a year ago.

SINGAPORE (Nov 28): Ascendas Hospitality Trust (A-HTRUST) is acquiring Ibis Ambassador Seoul Insadong for KRW77.5 billion ($94.5 million).

SINGAPORE (Aug 2): The managers of Ascendas Hospitality Trust (A-HTRUST) reported distribution per stapled security (DPS) of 1.35 cents for the 1Q18/19 ended June, some 3.1% higher than DPS of 1.31 cents a year ago.

SINGAPORE (June 18): Ascendas Hospitality Trust (A-HTRUST) is acquiring a portfolio of three hotels in Osaka, Japan, for 10.29 billion yen ($126.1 million) via Ascendas Hospitality REIT.

SINGAPORE (May 10): The manager of Ascendas Hospitality Trust reported a distribution per stapled security (DPS) of 1.72 cents for the 4Q18 ended March, 25.5% higher than the DPS of 1.37 cents declared a year ago in 4Q17.

SINGAPORE (Apr 30): DBS Group Research remains positive on Ascendas Hospitality Trust (A-HTRUST), following the REIT’s maiden entry into South Korea.

SINGAPORE (Apr 27): Ascendas Hospitality Trust (A-HTRUST) is making its maiden entry into the South Korean market.

SINGAPORE (Feb 5): DBS is maintaining its "buy" on Ascendas Hospitality Trust (A-HTrust) given its medium-term leverage to the Australian and Japanese hospitality markets and 13% discount to its pro-forma book value of $1.02.

SINGAPORE (Jan 29): The managers of Ascendas Hospitality Trust (A-HTRUST) are selling two hotel properties, Beijing Novotel Sanyuan and Ibis Beijing Sanyuan, for a total of RMB1.156 billion ($235.9 million) in cash.

SINGAPORE (Nov 30): Ascendas Hospitality Trust has entered into a memorandum of understanding (MOU) to lease Hotel Sunroute Ariake and Oakwood Apartments Ariake Tokyo entirely to Sotetsu Hotel Management Co.