The Ascott Limited has purchased fellow service apartment operator Oakwood Worldwide to boost its global portfolio of properties. The deal sees The Ascott, which is part of CapitaLand Investment, buying Oakwood from its previous owner Mapletree Investments, which will add 81 properties and 15,000 units.
Ascott to buy global serviced apartment provider Oakwood ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.