Investor Presentaiton
Rejuvenating the Portfolio with New Developments
New product offerings to cater to the new normal
Redevelopment of Somerset Liang Court Singapore
Development of student accommodation in South Carolina, USA
Artist's impression
Site progress
Site progress
Site progress
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192-unit Somerset serviced residence with hotel licence in the popular
riverfront lifestyle and entertainment Clarke Quay precinct
Development update:
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Site works commenced in mid-Jul 2021
•
Foundation piling works completed in 4Q 2022
.
Substructure works are ongoing
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Development expected to complete in 2H 2025
678-bed freehold student accommodation in South Carolina, USA
Started as a joint development with Sponsor, The Ascott Limited, and a
third-party partner
CLAS acquired Sponsor's 45% stake in 4Q 2022 and currently owns a
90% stake in the property
Development on track to complete in 2Q 2023, ready to receive
students for AY 2023-2024 which begins in Aug 2023
Note: Expected opening dates and property details are subject to change
CapitaLand Ascott Trust
Investor Presentation
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