CapitaLand Investment's The Ascott Signs 19,000 Units Across 102 Properties in 2025

MT Newswires

Feb 09

CapitaLand Investment's (SGX:9CI) lodging business unit, The Ascott, signed 19,000 units across 102 properties in 2025, according to a Monday filing with the Singapore Exchange.

The new signings represented a 25% year-over-year growth, led by resorts.

Ascott secured signings across 10 new cities in Asia Pacific and Europe, taking its global footprint to around 230 cities across 40 countries.

The company now operates or is developing over 1,000 properties, with more than 176,000 units across the globe.

Shares of the property developer were up nearly 2% in Monday trading.

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