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The Ascott Limited (Ascott)
Property
Ascott to debut The Crest Collection brand in Asia
To date, Ascott has secured over 1,000 units across eight properties under The Crest Collection.
January 30, 2023
New appointments
Ascott Limited appoints hospitality industry veteran Serena Lim as chief growth officer
Lim will report directly to Ascott’s CEO, Kevin Goh.
January 10, 2023
Sustainability
Ascott launches new sustainability framework, Ascott CARES
The expanded framework is centred around five pillars, community, alliance, respect, environment and supply chain.
November 17, 2022
Property
The Ascott Limited acquires first lyf asset in Tokyo via its serviced residence global fund
The acquisition follows the group’s signing of over 7,500 units in the 1HFY2022.
August 04, 2022
Property
Ascott acquires two properties in China and Netherlands for $190 mil through its serviced residence global fund
When fully deployed, the two new properties will bring Ascott’s total funds under management (FUM) to $9 billion.
March 23, 2022
Property
Ascott to develop US student accommodation assets with Riyad Capital; venture has total committed equity of $204.8 mil
When fully deployed, the venture will boost Ascott’s funds under management (FUM) by US$375 million.
February 03, 2022
Property
Ascott sees record growth in units for fifth straight year in 2021 despite Covid-19 headwinds
Ascott also closed 2021 with its highest-ever property openings, with over 8,200 units launched in 40 properties in 10 countries.
January 10, 2022
Company in the news
Ascott named 'World's Leading Serviced Apartment Brand' at World Travel Awards 2021
Kevin Goh, Ascott’s CEO says the recognition is a “strong validation of [Ascott's] quality lodging properties".
December 16, 2021
Property
Ascott sees over 40% y-o-y growth in first 7 months of 2021
Up to July, Ascott has achieved a record of over 2,800 new units in Vietnam.
July 21, 2021
M&A
CapitaLand's Ascott acquires properties in Paris and Hanoi for $210 mil through global fund
Post-acquisition, Ascott’s total fund assets under management will increase to some $8 bil.
June 21, 2021