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Ascott enters into partnership with Sun Group to manage largest serviced residence integrated development in Vietnam

Felicia Tan
Felicia Tan • 2 min read
Ascott enters into partnership with Sun Group to manage largest serviced residence integrated development in Vietnam
The three serviced residences are expected to open in phases from the first quarter of 2023.
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The Ascott Limited, CapitaLand Investment’s (CLI) wholly-owned lodging business unit, has partnered with Sun Group to manage Vietnam’s largest serviced residence integrated development.

Sun Group is one of the biggest real estate developers in Vietnam.

To date, Ascott has achieved a record of over 2,800 new units in Vietnam, surpassing its full-year signings in the country in previous years.

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