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First lyf-branded Coliving Property in Sydney, Australia

The Ascott Limited (Ascott) is acquiring its first lyf-branded coliving property in Sydney, Australia. ....

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Chinese National Buys 20 Condo Units Along S'pore River, Reportedly Plans To Purchase 10 More

A Chinese national reportedly snapped up 20 condo units at Canninghill Piers, a development located along the Singapore River. ....

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Ascott Acquires First lyf Coliving Property in Sydney Through Its Serviced Residence Global Fund

CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) is acquiring its first lyf-branded coliving property in Sydney, Australia. The acquisition of the freehold asset is made via the Ascott Serviced Residence Global Fund (ASRGF)1, Ascott’s private equity fund with Qatar Investment Authority. This is ASRGF’s third investment in 2022, following the acquisition of Somerset Hangzhou Bay Ningbo and Citadines Canal Amsterdam in March 2022. To date, ASRGF has invested in 12 properties for close to US$500 million. ASRGF has since divested its first property at returns that outperformed its expected underwriting. ....

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ASCOTT ACQUIRES FIRST LYF COLIVING PROPERTY IN SYDNEY THROUGH ITS SERVICED RESIDENCE GLOBAL FUND

Expands lyf brand with the opening of Ascott’s first lyf property in Australia, lyf Collingwood Melbourne, and the eighth lyf property to open globally ....

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Ascott acquires first lyf coliving property in Sydney through its serviced residence global fund

Ascott acquires first lyf coliving property in Sydney through its serviced residence global fund
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