Ascott Residence Trust (SG:HMN) has released an update.
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CapitaLand Ascott Trust has announced the updated utilization of funds raised through its 2023 equity fundraising efforts. These funds were primarily allocated for the acquisition of interests in properties such as The Cavendish London, Temple Bar Hotel, and Ascott Kuningan Jakarta. The announcement follows previous updates and is part of the trust’s strategic expansion and asset enhancement initiatives.
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