News about CapitaLand Ascott Trust —
CapitaLand Ascott Trust acquires three rental housing properties in Japan for JPY4.6 bil
CapitaLand Ascott Trust (CLAS) has acquired three freehold rental housing properties in Southern Kanagawa, Greater Tokyo, Japan for a total consideration of JPY4.6 billion ($38.3 million) from Patience Capital Group, an unrelated third party....read more on The Edge Singapore
The properties have an average occupancy of over 95% and average lease terms of about two years, announced CLAS on Feb 23.