Acquiring Company
CapitaLand Ascott Trust
Acquired Company
Coliwoo Midtown
SingaporeReal EstateReal Estate InvestmentHospitalityVacation RentalReal EstateHospitalityDescription
CapitaLand Ascott Trust has agreed to acquire Coliwoo Midtown in Singapore for $134 million. The acquisition is set to close in the fourth quarter of 2026 and is expected to enhance CLAS' distribution per stapled security significantly. This move aligns with CLAS's strategic target to increase its living sector assets. The property offers strong occupancy rates and will directly contribute to income following the acquisition.
M&A Insights
Based on deal dataFrequently asked
Who acquired Coliwoo Midtown?
Coliwoo Midtown was acquired by CapitaLand Ascott Trust. The deal was reported on August 6, 2026. CapitaLand Ascott Trust (CLAS) is a real estate investment trust. Its portfolio comprises a diverse range of properties including serviced residences, rental housing properties, and student accommodation. CapitaLand Ascott Trust is privately held and operates in Real Estate.
When did CapitaLand Ascott Trust acquire Coliwoo Midtown?
CapitaLand Ascott Trust's acquisition of Coliwoo Midtown was reported on August 6, 2026. CapitaLand Ascott Trust has agreed to acquire Coliwoo Midtown in Singapore for $134 million. The acquisition is set to close in the fourth quarter of 2026 and is expected to enhance CLAS' distribution per stapled security significantly. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Coliwoo Midtown do?
Coliwoo Midtown is a property designed for living spaces with a focus on community and comfort. It caters to modern living needs with flexible and well-designed accommodations. The property has recently undergone refurbishment to enhance its appeal. It is privately held, operating in Real Estate, and is based in Singapore.