Hopes not fading for CapitaLand's Ascott Residence Trust

"Geographically diversified portfolio" is a big help.

CapitaLand also reasoned that its extended stay business model will help the property developer cope with prevailing uncertain global economic conditions, according to its presentation titled "Presentation for UBS Global Real Estate CEO/CFO Conference in London, UK" disclosed to the Singapore Exchange.

CapitaLand further also credited its earnings optimistm to its properties, particularly in Europe, which it said are underpinned by master leases and serviced residence contracts with minimum guaranteed income. CapitaLand also expects its portfolio in the region will be further enlarged with the acquisition of Madison Hamburg in 4Q 2012.

The developer said it will continue to focus on yield-accretiive acquisitions in countriies where it operates. It also plans to explore opportunities in Asia as well as London, Paris and key cities in Germany.

"The Group remains confident in the markets it operates in," it said, adding that "Operating performance for FY2012 is expected to remain profitable."

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Vibrant Group wins suit against Blackgold Australia
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley