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The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), announced a 28% year-on-year increase in fee-related earnings (FRE) to $246 million, up from $192 million in FY 2022.
Marking a significant milestone in sustainability, The First Group will install Electric Vehicle (EV) charging stations at its six hotels, making it Dubai’s first hospitality company to embrace this forward-looking practice for the environment.