Ascendas Hospitality Trust (A-HTRUST) is a stapled group comprising Ascendas Hospitality Real Estate Investment Trust (A-HREIT) and Ascendas Hospitality Business Trust (A-HBT), established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of income-producing real estate used predominantly for hospitality purposes located across Asia, Australia and New Zealand, as well as real estate related assets in connection with the foregoing.
A-HTRUST’s well-diversified portfolio is spread across seven key cities in the Asia Pacific region - Sydney, Melbourne, Brisbane, Beijing, Tokyo, Osaka and Singapore. Within these cities, the hotels are strategically located in close proximity to central business districts, business precincts, suburban centres, transportation nodes and iconic tourist landmarks. The hotels are operated under well-known brands and managed by established operators that have strong domain knowledge of the markets where the hotels are located. With a total of 4,351 rooms, these hotels cater to different segments from economy to upscale, as well as short-term to extended stay.
A-HTRUST is managed by Ascendas Hospitality Fund Management Pte. Ltd., the manager of A-HREIT, and Ascendas Hospitality Trust Management Pte. Ltd., the trustee-manager of A-HBT (the Managers).
AWARDS & ACCOLADES
SIAS Investors' Choice Awards 2012
Runner-up, "New Issues, Most Transparent Company" Award