Ascott Residence Trust Management Limited (ARTML), the manager of Ascott Residence Trust (Ascott Reit), has been named the Best Investment Fund Manager (South Eastern Asia) at the inaugural World Finance Real Estate Awards.
“We are indeed honoured to have been recognised for our track record in achieving stable and sustainable distribution to unitholders since listing,” said Chong Kee Hiong, ARTML’s CEO.
Nominees were evaluated on criteria which included factors such as stability of the management team, performance track record, investor relations, sustainability and risk management.
“Although there was very stiff competition for this award, it was Ascott Reit’s performance during the banking crisis that really stood out amongst other nominees. Other factors included their healthy growth rates, sensible geographic split and their successful record of prudent investment in the portfolio to maximise returns,” according to World Finance.
To contact the journalist, you may send your message to editor@propertyguru.com.sg