Related News
Home » Business » Real Estate
Ascott spells out ambitious global plans
ASCOTT, a leading owner-operator of international serviced residence, is aiming to more than double its global portfolio by 2020 amid robust demand from both China as well as other parts of the world, a company official said over the weekend.
The wholly owned subsidiary of Singapore’s CapitaLand Ltd, one of Asia’s largest real estate developers, has a portfolio of over 36,000 units in more than 20 countries and regions, Daisy Wang, general manager of the company’s east China operation, said during the opening ceremony of the 169-room Ascott Midtown Suzhou, the firm’s latest addition in east China.
Besides Suzhou, Ascott has properties in Shanghai, Hangzhou, Nanjing, Wuxi and Hefei in east China. Its portfolio in the region, including those under development, stands at 17 properties. The company is the largest international serviced residence owner-operator in China with over 11,600 units.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.