Among the six new properties, Ascott has secured contracts for lyf Malate Manila, its second lyf property in the Philippines and four new lyf properties across China - lyf Shougang Park Beijing, lyf Midtown Hangzhou, lyf Zhangjiang Shanghai and lyf Dayanta Xi’an. It has also secured its first lyf property in Australia, lyf Collingwood Melbourne.
CapitaLand’s wholly-owned lodging business unit The Ascott Limited says its co-living brand, lyf, has added over 1,000 units across six properties in Australia, China, and the Philippines on Thursday (July 30).
This brings the total number of properties under lyf to 14. Thirteen of these properties are slated to be opened between 2020 and 2024. The co-living brand is also set to open its first property in Bangkok, Thailand, on July 31.
