ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Ascott Reit and Ascendas Trust to merge to create $5.6bn hospitality trust

Combined entity organizes an enlarged portfolio across Asia, Europe and US

CEBU, Philippines -- Singapore-listed real estate investors Ascott Resident Trust (Ascott Reit) and Ascendas Hospitality Trusts (A-HTRUST) have announced a merger proposal to potentially create Asia Pacific's largest hospitality trust with an asset value of S$7.6 billion ($5.6 billion).

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more