Finance

CLAS acquires London and Dublin hotels for £300m to ‘capitalise on travel recovery’

By 2023-08-16T11:43:00

Finance

Source: Shutterstock/Number1411

Singaporean real estate investment manager CapitaLand Ascott Trust (CLAS) has acquired The Cavendish London hotel and Temple Bar Hotel in Dublin, and a serviced residence in Jakarta for a combined price of S$530.8m (£306.5m).

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