Investor Presentaiton
Investment & Portfolio Reconstitution Strategy
With its healthy financial position, CLAS has the flexibility to reconstitute and enhance its portfolio to
drive sustainable returns
ODD
ODD
000
8
Opportunistic
divestments to
unlock value
Investing in
quality hospitality
and longer-stay
properties
at higher yields
Development
projects
and asset
rejuvenation to
enhance returns
•
Stable income base: Target to increase asset allocation in longer-stay assets (rental housing and student accommodation) to 25-30%
in the medium term
➤ As at 31 Dec 2023, c.17% of CLAS' portfolio value¹ is currently in longer-stay accommodation
Capturing growth: Pursuing suitable acquisition, asset enhancement and development opportunities
Note:
1.
Portfolio value is based on property valuations as at 31 Dec 2023
CapitaLand Ascott Trust
Investor Presentation
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