ASCOTT RESIDENCE TRUSTAscott Residence Trust • June 25th, 2021
Contract Type FiledJune 25th, 2021Ascott Residence Trust Management Limited (the “Reit Manager”), as manager of Ascott Real Estate Investment Trust and Ascott Business Trust Management Pte Ltd, as trustee- manager of Ascott Business Trust (collectively, the “Managers”), wish to announce that Perpetual (Asia) Limited as trustee of Ascendas Hospitality Real Estate Investment Trust (the “Landlord”), a trust wholly owned by Ascott Real Estate Investment Trust (“Ascott Reit”) has today issued a notice of intended forfeiture (the “Notice”) to its tenant, Park Hotel CQ Pte. Ltd. (the “Tenant”), under a Master Lease for 1 Unity Street (the “Property”) dated 5 April 2013 with a term of 10 years commencing 28 June 2013 (the “Master Lease”).