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6 stories mentioning SGX:HMNUpdated 3m ago

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Asia

CapitaLand Ascott Trust to Buy Coliving Asset for SG$134 Million

CapitaLand Ascott Trust (SGX:HMN) agreed to acquire Coliwoo Midtown in Singapore for SG$134 million, expanding its living-sector portfolio, according to a Thursday bourse filing.Upon completion, expected in the fourth quarter, CapitaLand Ascott Trust will enter into a 10-year triple-net master lease with annual rent indexation.The property comprises 212 rooms in Singapore's Bugis-Bras Basah precinct and recorded an average occupancy of nearly 90% in July, about four months after reopening following a major refurbishment.

SGX:HMN
Asia Markets

Singapore Shares Fall Over AI Investments Sustainability

Singapore shares fell on Tuesday, tracking broader regional losses as investors mirrored concerns over the sustainability of AI investments amid intense Chinese competition.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,577.43 and 5,625.27 throughout the day. It ended the session at 5,616.11, down 4.13 points or 0.1% compared to Monday's close.On the corporate front, shares of Keppel (SGX:BN4) closed nearly 3% higher as it surpassed its end-2026 interim target of SG$100 billion in funds under management after adding about SG$13.5 billion across its private infrastructure, real estate and connectivity funds year to date.OKP Holdings' (SGX:5CF) shares closed nearly 1% lower as its wholly-owned subsidiary, OKP Land, has incorporated a joint venture company, RPC One, with Hwa Seng Investment.Meanwhile, shares of CapitaLand Ascott Trust (SGX:HMN) were down nearly 1% at the close as it reported an 11% increase in first-half income available for distribution to SG$107 million.

^STISGX:5CFSGX:BN4SGX:HMN
Asia

CapitaLand Ascott Trust's H1 Distributable Income Rises 11%

CapitaLand Ascott Trust (SGX:HMN) reported an 11% increase in first-half income available for distribution to SG$107 million, according to a Tuesday Singapore Exchange filing.Revenue fell 7% annually to SG$371 million, and gross profit declined 11% to SG$161.6 million, reflecting portfolio reconstitution, asset enhancement initiatives and acquisition and divestment timing.The trust retained SG$9.6 million of non-periodic gains, resulting in total distribution of SG$97.5 million, up 1% year over year. It expects renovated assets and the opening of Somerset Clarke Quay Singapore in early 2027 to support future income growth.CapitaLand Ascott Trust declared an unchanged first-half distribution of SG$0.0253 per stapled security, payable on Aug. 28 to unitholders on record as of Aug. 5.

SGX:HMN
Asia

CapitaLand Ascott Trust Posts Flat H1 DPS; Distributable Income Up 11%

CapitaLand Ascott Trust (SGX:HMN) distribution per stapled security, or DPS, was flat at SG$0.0253 in the first half of 2026, unchanged from a year earlier, according to a Monday filing with the Singapore Exchange.Income available for distribution to stapled security holders, however, rose 11% to SG$107.1 million from SG$96.5 million in the year-ago period.Revenue slipped 7% year over year in H1 to SG$370.9 million from SG$398.5 million.Revenue per available unit fell to $147 per day from $150 per day a year ago.

SGX:HMN
Asia

CapitaLand Ascott Trust to Divest Singapore Hotel for SG$360 Million

CapitaLand Ascott Trust (SGX:HMN) signed a property sale and purchase agreement to dispose of The Robertson House by the Crest Collection in Singapore for SG$360 million, according to a filing with the Singapore Exchange on Friday.The property is being sold to an undisclosed and unrelated third party, the filing said.The 336-unit hotel spans 11,056 square meters in gross floor area and has a 99-year lease that commenced Nov. 27, 2006.The divestment is expected to conclude in the third quarter of the year, with proceeds from the disposal to be used to optimize capital structure and enhance long-term returns for unitholders.

SGX:HMN
Asia

CapitaLand Ascott Trust Reports Stable Distribution Income in Q1

CapitaLand Ascott Trust (SGX:HMN) reported "relatively stable" distribution income in the first quarter, supported by divestment gains that offset lower gross profit stemming from the closures of The Cavendish London and Madison Hamburg due to renovations.Revenue per available unit rose 1% year over year in the January-to-March period, according to a Monday filing with the Singapore Exchange.As of March 31, total assets stood at SG$8.9 billion, comprising 19,000 units across 106 properties in 16 countries.

SGX:HMN

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