Realty Digest: Ascott expands hospitality footprint; Capital World to raise $13.5m

Source: The Ascott Limited (Citadines Pearl Hoi An (Opening in 2019, and one of the 26 properties signed on July 15, 2019)

Singapore-based hospitality player, The Ascott Limited (Ascott), is embarking on its latest global expansion plans while Malaysia-focused Capital World Limited is raising $13.5 million from private investors for an ongoing project.

Ascott expands global hospitality footprint

Singapore-based hospitality player, The Ascott Limited (Ascott), is expanding its global footprint by signing contracts for 26 properties with 6,000 units across 22 cities and 11 countries. The majority of these properties are located in the Asia-Pacific region.

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