Ascott Residence Trust logo

HMN

SGX

Ascott Residence Trust

Real EstateSingapore

Company Overview

Ticker: HMN
Exchange: SGX
Sector: Real Estate
Industry: -
Market Cap: $3.4B
FY End: December
Employees: -

CapitaLand Ascott Trust (CLAS) is the largest lodging trust in Asia Pacific with an asset value of S$8.9 billion as of 31 December 2025. CLAS objective is to invest primarily in income-producing real estate and real estate-related assets which are used or predominantly used as serviced residences, rental housing properties, student accommodation and other hospitality assets in any country in the world. CLAS was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006, and is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index). CLAS international portfolio comprises 103 properties with more than 18,000 units in 45 cities across 16 countries in Asia Pacific, Europe and the United States of America as of 31 December 2025. CLAS properties are mostly operated under the Ascott, Somerset, Quest and Citadines brands. They are mainly located in key gateway cities such as Barcelona, Berlin, Brussels, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, London, Manila, Melbourne, Munich, New York, Paris, Perth, Seoul, Singapore, Sydney and Tokyo. CLAS is a stapled group comprising CapitaLand Ascott Real Estate Investment Trust (CapitaLand Ascott REIT) and CapitaLand Ascott Business Trust (CapitaLand Ascott BT). CLAS is managed by CapitaLand Ascott Trust Management Limited (as manager of CapitaLand Ascott REIT) and CapitaLand Ascott Business Trust Management Pte. Ltd. (as trustee-manager of CapitaLand Ascott BT). The manager and trustee-manager are wholly owned subsidiaries of Singapore-listed CapitaLand Investment Limited, a leading global real asset manager with a strong Asia foothold. CapitaLand Ascott Trust was incorporated in 2006 in Singapore.

Leadership Team

TJ

Chief Executive Officer

LC

Non-Executive Independent Director, Chairman of the Board

SJ

Non-Executive Independent Director

DL

Non-Executive Independent Director, NRC Member

ML

Non-Executive Independent Director

BS

Non-Executive Non-Independent Director, Chairman of Executive Committee

YC

Non-Executive Non-Independent Director, Executive Committee Member

CK

Non-Executive Independent Director, NRC Member

SF

Chief Financial Officer of CapitaLand Ascott Trust Management Limited

DL

Head of Investment & Asset Management of CapitaLand Ascott Trust Management Limited

JT

Vice President of Group Communications - CapitaLand Ascott Trust Management Limited

KL

Managing Director of REIT Investments at CapitaLand Ascott Trust Management Limited

YM

Company Secretary of CapitaLand Ascott Trust Management Limited

JL

CEO & Executive Non-Independent Director of CapitaLand Ascott Trust Management Limited

XF

Head of Investor Relations & Sustainability - CapitaLand Ascott Trust Management Limited

WH

Company Secretary of CapitaLand Ascott Trust Management Limited

WS

Company Secretary of CapitaLand Ascott Trust Management Limited

Former

TB

Non-Executive Independent Director, Chairman

GS

Non-Executive Non-Independent Director, Chairman of Executive Committee

Recent Announcements

No announcements yet.

External Auditor

Deloitte Touche Tohmatsu Limited and KPMG International Limited
Tenure1 year(since 1 Jan 2024)

Analyst Coverage

Buyconsensus
9 analysts

Target Price

Low$0.88
Mean
$1.06+20.6%
High$1.42
Current Price$0.88

Based on broker consensus estimates. Not financial advice.

Price Chart

Insufficient price data

Key Metrics

P/E Ratio10.51
P/B Ratio0.77
EV/EBITDA18.28
Dividend Yield-
ROE6.8%
ROA2.2%
Net Margin39.1%
Debt/Equity0.69
Net Debt/EBITDA8.10
FCF Yield6.0%

Governance Score

-

SGX Code of Corporate Governance

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