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Ascott wins contracts to manage 2 Citadines serviced residences

PC Lee Published on Mon, Oct 30, 2017 / 7:48 AM GMT+8

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SINGAPORE (Oct 30): The Ascott Limited, CapitaLand’s serviced residence business unit, has secured contracts to manage two properties in the CBD and near the Ophir-Rochor Corridor.

The 299-unit Citadines property in Raffles Place and the 320-unit Citadines Rochor Singapore are slated to open in 2021 and 2020 respectively.

Ervin Yeo, Ascott’s Regional General Manager for Singapore and Malaysia, sees opportunities to cater to the new catchment of working professionals with Singapore’s push for decentralisation of offices to new commercial hubs beyond the CBD.

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