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The Ascott
M&A
Ascott acquires 80% stake in US accommodation provider Synergy Global Housing
SINGAPORE (July 24): The Ascott, CapitaLand’s serviced residence unit, is acquiring an 80% stake in Synergy Global Housing, a leading accommodation provider in the US where it leases apartments from partners and property owners to rent to corporate clie
July 24, 2017
M&A
CapitaLand’s Ascott group acquires additional 60% stake in Quest Apartment Hotels for $191 mil
SINGAPORE (July 5): The Ascott, a wholly owned subsidiary of CapitaLand, this morning announced that it is acquiring an additional 60% stake in Quest Apartment Hotels for A$180 million ($191 million).
July 05, 2017
Ascott wins contracts to manage first three lyf properties
SINGAPORE (June 15): The Ascott, CapitaLand’s serviced residence business unit, has won contracts to manage its first three properties under its lyf brand in China and Singapore.
June 15, 2017
Property
CapitaLand sees potential to double Japan AUM to $5 billion
SINGAPORE (June 6): CapitaLand sees potential to grow its assets under management (AUM) in Japan to $5 billion, double its current AUM of over $2.5 billion as at 31 March 2017.
June 06, 2017