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49. Ascott Signs Citadines Serviced Residence in Bangalore, India
Ascott has secured a 96-unit serviced residence in Bangalore through a lease agreement. Ascott will rebrand the property as the Citadines Richmond Bangalore and operate it from 1 August 2011. The property will be Ascott's first to open in India.
50. Ascott Opens Third Citadines in Xiían, China
Ascott has opened its third Citadines serviced residence in Xiían, China. The new 138-unit Citadines Xingqing Palace Xiían strengthens Ascottís position as one of the largest international serviced residence owner-operators in the country. Ascott currently also operates Citadines Central Xiían (162 units) and Citadines Gaoxin Xiían (251 units) while Somerset Gaoxin Xiían (233 units
51. Ascott Signs New Serviced Residence in Hai Phong, Vietnam
Ascott Signs New Serviced Residence in Hai Phong, Vietnam. The Ascott Group has signed a contract to manage a serviced residence property in Vietnamís third largest city, Hai Phong. This latest addition to Ascottís portfolio increases the number of units to 1,182 across seven serviced residence properties in three cities. Five properties are already operational in Hanoi and Ho Chi
52. Ascott Opens Citadines in Cyberjaya; Somerset in Hai Phong
Ascott has opened its first serviced residences in Cyberjaya, Malaysia and Hai Phong, Vietnam. Ascottís first foray into Malaysiaís Multimedia Super Corridor, the 203-unit Citadines DPulze Cyberjaya is its fifth property to open in Malaysia, while the 132-unit Somerset Central TD Hai Phong City is its ninth in Vietnam. Mr Lee Chee Koon, Ascottís Chief Executive Officer, said,
53. Ascott Signs Second Citadines in Jakarta
Ascott Signs Second Citadines in Jakarta. Ascott has secured a contract to manage its second Citadines-branded serviced residence in Indonesia. To be named Citadines Jakarta Rasuna, the new serviced residence will reinforce Ascottís position as one of the largest international serviced residence owner-operators in Indonesia with over 1,600 apartment units in eight properties in Jak
54. Ascott Appoints Country General Manager for Vietnam
Ascott Appoints Country General Manager for Vietnam. Ascott has appointed Mr Richard Tan as Country General Manager for Vietnam where he will be responsible for managing the company's operations and growing its serviced residence business in the country. Mr Tan has undertaken several roles across Ascott's operations in different countries since joining the company in 2004. Prior to
55. Ascott Signs New Citadines in China
Ascott Signs New Citadines in China. Ascott has signed a contract to manage the Citadines Xiían Xingqing Palace, its third serviced residence in Xiían, China. Ascott's two other serviced residences in Xiían are Citadines Xiían Central, which is currently operational and the Citadines Xiían Gaoxin which is due to open in 2010.
56. Ascott Exceeds Target of 20,000 Units in China for 2017
Ascott exceeded its target of 20,000 units for China in 2017, ahead of its planned schedule of 2020, as it sealed contracts to manage nine properties with over 2,000 units in China. With these new properties, Ascott made inroads into new cities such as Harbin and Zhuhai, and widened its presence in Chongqing, Foshan, Shanghai and Wuxi. It also marked a record year of growth in Chin

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