Ascott teams up with China, Japan, Thailand developers to boost management pipeline

SINGAPORE (Apr 9): The Ascott, CapitaLand’s serviced residence business unit, is partnering leading developers in China, Japan and Thailand to manage apartments currently under development as well as future projects by these companies.

In China, Ascott has partnered specialty township developer, Riverside Group, to launch serviced residences in Zhejiang, Chongqing and future riverside themed towns in other key cities.

The partnership will start with two serviced residences with a total of 350 units in Zhejiang and Chongqing.

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