CapitaLand Ascott Trust agrees to buy Singapore coliving asset Coliwoo Midtown for S$ 134 million

Reuters2026/08/05 23:17

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CapitaLand Ascott Trust agreed to buy Singapore coliving asset Coliwoo Midtown for SGD 134 million, funded by proceeds from The Robertson House divestment.
Deal implies a 4.1% EBITDA yield on a FY2025 pro forma basis, 180 bps above the 2.3% exit yield on the sold asset.
Transaction expected to lift pro forma distribution per stapled security by 2.4%, with completion targeted for 4Q 2026.
Asset to be placed on a 10-year triple-net master lease with fixed rent, annual indexation starting year two, option to renew for another 10 years.
Singapore portfolio share rises to 17% from 15.4%; living sector allocation increases to 19.5% of total portfolio value.

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: NBHOPCDOKN9KWGQF) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CapitaLand Ascott Trust agrees to buy Singapore coliving asset Coliwoo Midtown for S$ 134 million

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