Ascott Reit forays into US by acquiring hotel in Times Square for $163.5m

Ascott Reit forays into US by acquiring hotel in Times Square for $163.5m

Visual from the company website

Singapore-listed Ascott Residence Trust (Ascott Reit) has forayed into the United States of America by acquiring a hotel in New York Times Square for $163.5 million, the company announced Thursday.

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