CapitaLand Ascott Trust (CLAS) is divesting two Sydney hotels for $109 million amid continued strong investor activity in the Australian hotel sector.
Ascott opens Japan’s first lyf co-living property
lyf continues strong growth with 12 more properties set to open across 10 cities in Asia Pacific.
Ascott expands in Singapore with four new openings
Citadines Connect City Centre Singapore, secured under a franchise agreement, will increase Ascott’s total portfolio in Singapore to 17 properties across over 3,100 units.
Lee Chee Koon appointed President & Group CEO of CapitaLand
Current Group CIO Lee Chee Koon to be appointed as President & Group CEO. @CapitaLand
Ascott acquires majority stake in AustraliaÕs Quest Apartment Hotels
The Ascott Limited, the wholly owned serviced residence business of CapitaLand,Êis acquiring an additional 60 per centÊstake in Quest Apartment Hotels for A$180 million.
Ascott advances into South America with its first two franchise properties in Brazil
CapitaLandÕs wholly owned serviced residence business unit, The Ascott Limited (Ascott) has stepped its global expansion by breaking into South America with franchise agreements for two serviced residences in So Paulo, Brazil. Vitacon, a leading real estate company in So Paulo, will franchise and operate the 92-unit Citadines VN Jardins So Paulo and 122-unit Citadines VN Faria Lima So Paulo.
Ascott unveils living lab to field test co-living concepts of lyf
CapitaLandÕs wholly owned serviced residence business unit, The Ascott Limited (Ascott) has launched its first living lab to field test its newest brand, lyf, that is designed for and managed by millennials, in partnership with the Singapore Management University (SMU).
