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Ascott Residence Trust completes acquisition of Doubletree by Hilton New York – Times Square South

Property

Ascott Residence Trust completes acquisition of Doubletree by Hilton New York – Times Square South

Michelle Zhu Published on Thu, Aug 17, 2017 / 7:58 AM GMT+8

A-

A+

SINGAPORE (Aug 17): The manager of Ascott Residence Trust (ART), Ascott Residence Trust Management, says the REIT’s acquisition of DoubleTree by Hilton New York – Times Square South in New York, US, has been completed.

Ascott Residence Trust Management is an indirect wholly-owned subsidiary of CapitaLand.

See: Ascott Residence Trust acquires Doubletree by Hilton hotel in Manhattan for $148 mil