Ms Beh Siew Kim Chief Executive Officer of ARTML and Ascott Business Trust Management Pte. Ltd

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Leverages strong financial position and capital recycling strategy to enhance resilience of ART’s global portfolio Ascott Residence Trust (ART) posted a distributable income of S$61.7 million in 2H 2020 and S$94.2 million in FY 2020 amidst the COVID-19 pandemic. ...

Jan 27, 2021

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Ascott Residence Trust posts distributable income of S$61.7 million in 2H 2020 and S$94.2 million in FY 2020

Leverages strong financial position and capital recycling strategy to enhance resilience of ART’s global portfolio Ascott Residence Trust (ART) posted a distributable income of S$61.7 million in 2H 2020 and S$94.2 million in FY 2020 amidst the COVID-19 pandemic.