The Ascott

CLI will benefit from immediate fee contribution as well as potential to drive further revenue and operational strategies.

CLI plans to have five more lyf properties by end of the year

The properties will encompass 3,000 units across 13 cities in nine countries.

SINGAPORE (Nov 19): The Ascott, CapitaLand’s lodging business unit, has formed a strategic alliance with Ciputra Development Group, one of Indonesia’s top property developers.

SINGAPORE (June 21): CapitaLand’s wholly-owned serviced residence business unit, The Ascott, has opened its first property in Nantong – Ascott Harmony City Nantong – and its fourth property in Suzhou – Somerset Baitang Suzhou.

SINGAPORE (Apr 12): CapitaSpring will be the name of the tallest and greenest buildings in Raffles Place.

SINGAPORE (Jan 29): CapitaLand says its serviced residence business unit, The Ascott, has won contracts to manage four properties with 1,200 units across Malaysia, the Philippines and China.

SINGAPORE (Nov 10): OCBC is maintaining its “buy” call on CapitaLand with a fair value estimate of $4.13.

SINGAPORE (Oct 19): The Ascott is investing $81.5 million to acquire and refurbish The Domain Hotel, in Silicon Valley, California.

SINGAPORE (Sept 8): OCBC is maintaining its “buy” on CapitaLand with an unchanged fair value estimate of $4.13 after reporting it is investing $300 million in Indonesia, SouthEast Asia’s largest economy.