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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 THAILAND ANNOUNCES THE OPENING OF ASCOTT THONGLOR

The Ascott Limited, Capitaland s wholly owned lodging business unit in Thailand, announces the opening of Ascott ....

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MANJINDAR KAUR NEWLY APPOINTED AS SENIOR GENERAL MANAGER FOR ASCOTT EMBASSY SATHORN BANGKOK

Ascott International Management in Thailand & Laos is pleased to announce that Ms. Manjindar Kaur has been appointed as Senior General Manager of the soon-to-open Ascott Embassy Sathorn Bangkok. Ms. Kaur has over 20 years of experience in the hospitality industry, managing hotels, resorts, and serviced residences with international brands such as Hyatt, Frasers, Accor, […] ....

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Ascott opens its first serviced residence in East Africa, the Somerset Westview Nairobi

The Ascott Group has opened its first serviced residence in Kilimani area in Nairobi, called the Somerset Westview Nairobi. ....

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ASCOTT INTERNATIONAL MANAGEMENT THAILAND ANNOUNCES NEW APPOINTMENTS FOR DIRECTOR OF BUSINESS DEVELOPMENT, THAILAND & LAOS

ASCOTT INTERNATIONAL MANAGEMENT THAILAND ANNOUNCES NEW APPOINTMENTS FOR DIRECTOR OF BUSINESS DEVELOPMENT, THAILAND & LAOS, AND GENERAL MANAGER, SOMERSET EKAMAI BANGKOK Ascott International Management in Thailand & Laos is delighted to announce the new appointment of Mr. Suthiroj (Chris) Sathitpornkitti as Director of Business Development and Mr. Bernard Siew as General Manager for Somerset Ekamai […] ....

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