Ascott Residence Trust

Overview

Ascott Residence Trust (Ascott Reit) is a real estate investment trust. The group invests in real estate and real estate-related assets including serviced residences, rental housing properties and other hospitality assets. Ascott Reit's serviced residences are operated under the brands Ascott The Residence, Somerset, Quest and Citadines. The group has operational presence in various geographical regions including Australia, China, Malaysia, Indonesia, Japan, Philippines, Singapore, Vietnam, France, Belgium, Germany, Spain, the US and the UK. Ascott Reit is headquartered in Singapore City, Singapore.
Key Stats
Address
No 8 Shenton Way #13-01 Temasek Towe, Singapore
Headquarters

Singapore

Contact

65 6 3899388

No of Employees

4,000

Industry

Construction

Ticker Symbol & Exchange​

HMN [SIN]

Revenue (2020)

$268 m

-29% (2020 vs 2019)
Net Income (2020)

$-161 m

-201.5% (2020 vs 2019)
Net Profit Margin

-60 %

-243.3% (2020 vs 2019)
Market Cap *

$2,418 m

EPS *

$-0.1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Ascott Residence TrustAscendas Real Estate Investment TrustMapletree Commercial Trust Management LtdFortune Real Estate Investment Trust
Key Information
Headquarters Singapore Singapore Singapore Hong Kong
Headquarter City - - - NA
Headquarter State/Province - - - -
No. of Employees 4,000 - - -
Entity Type Public Public Public Public

Products & Services

Ascott Reit is a provider of real estate services. The key services of the company include the following:

Services
  • Invests in real estate and real estate-related assets
Brands
  • Ascott
  • Citadines
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
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History

Year Event Description
2021 Contracts/Agreements In June, the company entered into an agreement to acquire three freehold rental housing properties…
2021 Asset Disposal In February, the company announced the divestment of its Somerset Xu Hui Shanghai in China.
2019 Others In November, the company along with CapitaLand Limited, and City Developments Limited announced to redevelop…
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2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Ascott Baumwall (Hamburg) B
Ascott Makati, Inc
Suzhou Chong Rui Xin Shi Ji Real Estate Co., Ltd.
Barrydale SM LLC
Citadines Europaviertel (Frankfurt) GmbH & Co., KG
Hanoi Tower Center Company Limited
Ascendas Hospitality Real Estate Investment Trust
Ascendas Hospitality Tokutei Mokuteki Kaisha

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
09 Feb 2021 Ascott Residence Trust to Sell Somerset Xu Hui Shanghai Asset Transaction Ascott Residence Trust
27 Jul 2020 Ascott Residence Trust to Sell Citadines Didot Montparnasse Paris in Paris, France Asset Transaction Ascott Residence Trust
21 Nov 2019 City Developments, CapitaLand and Ascott Residence Acquires Novotel Singapore Clarke Quay from CDL Hospitality Asset Transaction City Developments Ltd; Ascott Residence Trust; CapitaLand Ltd CDL Hospitality Trusts
27 Mar 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
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Jobs Overview

17

Active Jobs

16

Posted

9

Closed

Job Trends

Latest Jobs

Job title Company Country
Night receptionist (M / F) Ascott Residence Trust United States
Paris Mobile Receptionist (M / F) Ascott Residence Trust France
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar