Felix Hotel

Ascott REIT acquires Sydney limited-service business hotel for $59 mil

Property

Ascott REIT acquires Sydney limited-service business hotel for $59 mil

SINGAPORE (Mar 27): Ascott Residence Trust (Ascott REIT) is acquiring Felix Hotel, a prime freehold limited-service business hotel near Sydney Airport for A$60.6 million ($58.8 million).
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