Industry Update
Press Release15 February 2016

Quest opens first of three Sydney properties for 2016

Quest Apartment Hotels opened its first New South Wales property for 2016 – the brand new Quest St Leonards at 10 Atchison Street in the lower North Shore suburb of Sydney.

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Quest Apartment Hotels

Quest St Leonards is the first of three new Quest properties scheduled to open in the capital city this year, to be followed by Quest Bella Vista in June and Quest Macquarie Park in December.

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Quest CEO, Zed Sanjana emphasised the importance of the Sydney market in the company's growth strategy looking forward.

"Sydney continues to be a key growth market for Quest, as we continue increasing our presence, strengthening our brand and cementing our position as the accommodation provider of choice for travellers doing business and spending their holidays in New South Wales," said Mr Sanjana.

One of Sydney's suburban skyscraper clusters, St Leonards provides a central access point to three of Sydney's key business hubs, positioned 5 kilometres from the CBD, 2 kilometres from North Sydney, and 3 kilometres from Chatswood.

St Leonards' own commercial centre continues to expand, providing one of the largest office markets in metropolitan Sydney, while establishing the area as an important employment centre for the North Shore and Sydney. Key economic drivers include professional, scientific and technical services, health care and manufacturing.

The brand new property features 79 studio apartments and guests will have access to an onsite car park, gymnasium and swimming pool.

2016 sees an extensive pipeline of new property openings for Quest across Australasia, opening in 11 new locations. In addition to St Leonards, this includes: West Perth, Mounts Bay Road, East Perth and Fremantle (WA); Newcastle West, Bella Vista and Macquarie Park (NSW); Port Adelaide (SA); Dandenong Central (VIC); and Petone (New Zealand).

Related Brand

Quest Apartment Hotels

With over 180 properties in Australia, New Zealand, Fiji and United Kingdom, Quest Apartment Hotels are located in central business districts, suburban and regional areas with close proximity to head offices, business centres and key tourist destinations.
brand information
Other Brands operated by The Ascott Limited
Ascott The Residence
Citadines
Citadines Connect
Fox Hotels
Harris Hotels
LYF
POP! Hotels
Préférence Hotels
Somerset Serviced Residence
The Crest Collection
Vertu Hotels
Yello Hotels

About The Ascott Limited

The Ascott Limited is a Singapore company that has grown to be one of the leading international lodging owner-operators. Ascott's portfolio spans more than 180 cities across over 30 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa and the USA.

Ascott has more than 66,000 operating units and close to 46,000 units under development, making a total of more than 112,000 units in over 700 properties.

The company’s serviced residence and hotel brands include Ascott, Citadines, Citadines Connect, Somerset, Quest, The Crest Collection, lyf, Préférence, Vertu, Harris, Fox, Yello and POP!.

Ascott, a wholly owned subsidiary of CapitaLand Limited, pioneered Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984. Today, the company boasts over 30 years of industry track record and award-winning brands that enjoy recognition worldwide.

Ascott’s achievements have been recognised internationally. Recent awards include World Travel Awards 2019 for ‘Leading Serviced Apartment Brand’ in Europe and the Middle East; Business Traveller Asia-Pacific Awards 2019 for 'Best Serviced Residence Brand'; DestinAsian Readers’ Choice Awards 2019 for ‘Best Serviced Residence Brand’; and TTG China Travel Awards 2019 for ‘Best Serviced Residence Operator in China’.

For a full list of awards, please visit https://www.the-ascott.com/ascottlimited/awards.html.

About CapitaLand Limited

CapitaLand Limited (CapitaLand) is one of Asia's largest diversified real estate groups. Headquartered and listed in Singapore, it owns and manages a global portfolio worth over S$103 billion4 as at 31 March 2019. CapitaLand's portfolio spans across diversified real estate classes which includes commercial, retail; business park, industrial and logistics; integrated development, urban development; as well as lodging and residential. With a presence across more than 200 cities in over 30 countries, the Group focuses on Singapore and China as its core markets, while it continues to expand in markets such as India, Vietnam, Australia, Europe and the USA.

CapitaLand has one of the largest real estate investment management businesses globally. It manages eight listed real estate investment trusts (REITs) and business trusts as well as over 20 private funds. Since it pioneered REITs in Singapore with the listing of CapitaLand Mall Trust in 2002, CapitaLand's REITs and business trusts have expanded to include Ascendas Reit, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust, Ascendas India Trust, CapitaLand Malaysia Mall Trust and Ascendas Hospitality Trust.

Visit www.capitaland.com for more information.

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