CapitaLand Ascott Trust (SGX:HMN) completed the acquisition of 100% of the issued units in Victory SR Trust which owns lyf Funan Singapore, according to a filing with the Singapore Exchange on Tuesday.
Total consideration paid for the acquisition was around SG$146.4 million.
lyf Funan is a 329 room hotel with a gross floor area of 11,347.4 square meter.
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