CapitaLand Ascott Trust has acquired three freehold rental housing properties in Hiratsuka City, Kanagawa (Greater Tokyo), Japan—Lime Residence Hiratsuka West, Lime Residence Hiratsuka East and Live Casa Hiratsuka—for JPY4.6 billion, funded by JPY-denominated debt. The recently completed assets total 233 units and are over 95% occupied, with the deal expected to deliver a 4.1% blended net operating income entry yield and 0.2% FY2025 pro forma DPS accretion, supporting CLAS’ push to expand its living-sector portfolio in Japan.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capitaland Ascott Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 18M4SMH59C7HURLR) on February 22, 2026, and is solely responsible for the information contained therein.