CapitaLand's wholly owned serviced residence business unit, The Ascott Limited's (Ascott) serviced residence global fund with Qatar Investment Authority (QIA) has acquired two prime properties in Paris and Tokyo for USD104 million (S$145 million).

CapitaLand's wholly owned serviced residence business unit, The Ascott Limited (Ascott), has extended its global footprint to the fast-developing market of Cambodia by securing a contract to manage its first serviced residence in the country.

CapitaLand Limited's wholly owned serviced residence business unit, The Ascott Limited (Ascott), has achieved its target of 40,000 apartment units globally ahead of its planned schedule of end 2015. Ascott has secured 10 new contracts in the growing cities of Nantong, Xiamen, Hangzhou, Tianjin, Wuxi and Nanjing in China, Jakarta in Indonesia, Bangkok and Sri Racha in Thailand as well as Muscat in Oman.

CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured a contract to manage its first serviced residence in Turkey, Somerset Maslak Istanbul. Ascott's entry into Turkey will expand the footprint of the world's largest international serviced residence owner-operator to 90 cities across 25 countries.

CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), is culminating its 30th anniversary by acquiring the recently-opened 185-unit Ascott Kuningan Jakarta for S$90 million under a conditional agreement with PT Ciputra Adigraha, a subsidiary of Jakarta-listed PT Ciputra Property Tbk (Ciputra).

CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has crossed its milestone of having 12,000 apartment units in China by securing contracts to manage five more properties with 1,000 apartment units in Yinchuan, Changsha, Shenyang and Xi'an.

CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured a contract to manage its first Somerset-branded serviced residence in Gurgaon. Slated to open by 2019, the 174-unit Somerset Diplomatic Greens Gurgaon is Ascott's second serviced residence in the city, after Ascott Ireo City Gurgaon which is scheduled to open in 2017.

CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has deepened its presence in Saudi Arabia as it secured agreements to manage two more serviced residences in the vibrant port city of Jeddah.

CapitaLand's wholly-owned serviced residence unit, The Ascott Limited (Ascott), continues to extend its global footprint as it kicks off its 30th anniversary celebrations with special promotions for its customers that include discounted rates and free nights.

CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited, has crossed its milestone of having 10,000 apartment units in its key market of China, cementing its leadership position as the largest international serviced residence owner-operator in the country with 56 properties across 20 cities.