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

SF
Siew Fong Kang

Chief Financial Officer of CapitaLand Ascott Trust Management Limited

DL
Dongliang Lai

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

JT
Joan Tan

Vice President of Group Communications - CapitaLand Ascott Trust Management Limited

KL
Kin Leong Chan

Managing Director of REIT Investments at CapitaLand Ascott Trust Management Limited

YM
Yim Mei Chan

Company Secretary of CapitaLand Ascott Trust Management Limited

JL
Joo Ling Teo

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

XF
Xiao Fen Wong

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

TJ
Teo Joo Ling, Serena

Chief Executive Officer

LC
Lui Chong Chee

Non-Executive Independent Director, Chairman of the Board

SJ
Sim Juat Quee Michael Gabriel

Non-Executive Independent Director

CK
Chia Kim Huat

Non-Executive Independent Director, NRC Member

DL
Deborah Lee Siew Yin

Non-Executive Independent Director, NRC Member

ML
Max Loh Khum Whai

Non-Executive Independent Director

BS
Beh Siew Kim

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

YC
Yeo Chin Fu Ervin

Non-Executive Non-Independent Director, Executive Committee Member

Recent Announcements

No announcements yet.

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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