Singapore: CapitaLand unit Ascott adds 14 new global properties

Singapore-listed CapitaLand’s wholly-owned lodging business Ascott has added 14 properties comprising over 2,000 units across eight countries to its managing portfolio.

These countries include China, Germany, India, Indonesia, Japan, Malaysia, Thailand and Saudi Arabia. Three of the 14 new assets are co-living facilities under Ascott’s own brand “lyf”, located in Fukuoka in Japan, Kuala Lumpur in Malaysia and Shanghai in China.

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