corporate profile strategy - Ascendas Hospitality Trust
Transcription
corporate profile strategy - Ascendas Hospitality Trust
CORPORATE PROFILE Listed on the Main Board of Singapore Exchange Securities Trading Limited (“SGX-ST”) on 27 July 2012, A-HTRUST is one of the first hospitality trusts to focus primarily on the pan-Asian+ region. It is a stapled group comprising Ascendas Hospitality Real Estate Investment Trust (“A-HREIT”) and Ascendas Hospitality Business Trust (“A-HBT”). A-HTRUST was established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of income-producing real estate used predominantly for hospitality purposes, located across Asia, Australia and New Zealand as well as real estate-related assets in connection with the foregoing. STRATEGY Acquisition Growth Strategy A-HTRUST’s portfolio comprises 11 hotels with over 3,900 rooms geographically diversified across key cities in Australia, China, Japan and Singapore; and located close to central business districts and conference centres as well as iconic tourist landmarks. These hotels are Pullman Sydney Hyde Park, Novotel Sydney Central, Novotel Sydney Parramatta, Courtyard Marriott Sydney, Pullman and Mercure Melbourne Albert Park, Pullman and Mercure Brisbane King George Square, Pullman Cairns International, Novotel Beijing Sanyuan, Ibis Beijing Sanyuan, Hotel Sunroute Ariake and B:Conte and Park Hotel Clarke Quay. The Managers will source for and pursue attractive opportunities that meet their respective investment criteria to enhance the returns to Stapled Securityholders and improve future income and capital growth prospects of A-HTRUST. Active Asset Management Strategy The Managers will implement measures to improve the operational performance and maximise the cash flow and value of the portfolio. Capital and Risk Management Strategy The Managers will employ a mix of debt and equity to finance acquisitions and execute interest rate and currency hedging strategies to optimise risk-adjusted returns to Stapled Securityholders. Disciplined Development Strategy The Managers will endeavour to selectively undertake certain hospitality and hospitality-related development projects which have the potential to enhance the value of A-HTRUST’s portfolio. 1 2 3 4 6 7 8 9 10 11 OUR PORTFOLIO JAPAN BEIJING TOKYO 2. Novotel Beijing Sanyuan 3. Ibis Beijing Sanyuan 1. Hotel Sunroute Ariake and B:Conte CHINA 5 SINGAPORE 4. Park Hotel Clarke Quay AUSTRALIA CAIRNS 5. Pullman Cairns International BRISBANE 6. Pullman and Mercure Brisbane King George Square SYDNEY 7. Pullman Sydney Hyde Park 8. Novotel Sydney Central 9. Novotel Sydney Parramatta 10. Courtyard Marriott Sydney MELBOURNE 11. Pullman and Mercure Melbourne Albert Park Hotel Rooms 1. Hotel Sunroute Ariake and B:Conte 912 2. Novotel Beijing Sanyuan 305 3. Ibis Beijing Sanyuan 401 • Manager of A-HREIT: Ascendas Hospitality Fund Management Pte Ltd 4. Park Hotel Clarke Quay 336 • Trustee-Manager of A-HBT: Ascendas Hospitality Trust Management Pte Ltd 5. Pullman Cairns International 321 • Trustee of A-HREIT: The Trust Company (Asia) Limited 6. Pullman and Mercure Brisbane King George Square 438 • Unit registrar & unit transfer office: Boardroom Corporate & Advisory Services Pte. Ltd. 7. Pullman Sydney Hyde Park 241 8. Novotel Sydney Central 255 9. Novotel Sydney Parramatta 194 10. Courtyard Marriott Sydney 196 11. Pullman and Mercure Melbourne Albert Park 379 CORPORATE INFORMATION • SGX-ST ticker: Q1P • Bloomberg ticker: ASHT.SP • Reuters ticker: ASHP.SI Brand • Financial year: April to March CONTACTS Website: www.A-HTRUST.com Email: [email protected] Address: 61 Science Park Road #04-01 The Galen Singapore Science Park II Singapore 117525 Tel: (65) 6774 1033 Fax: (65) 6778 0985 Investor Relations Contact: Sharon Ho Email: [email protected] Tel: (65) 6508 8672