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Displaying documents 41-48 of 2632, with best matches first:

41. Ascott Opens Somerset Greenways Chennai
Ascott has soft opened its first Somerset brand of serviced residence in India. The debut of the 187-unit Somerset Greenways Chennai follows the recent opening of the 96-unit Citadines Richmond Bangalore. Besides Greenways Chennai and Citadines Richmond Bangalore, Ascott has five other serviced residences with more than 1,100 apartment units under development in India.
42. Ascott Buys Hotel Central Fifth Avenue New York
Ascott has acquired a prime property on New York’s Fifth Avenue and unveiled plans to invest a total of close to US$50 million (S$68 million) in the property. The operating 125-unit Hotel Central Fifth Avenue New York will undergo renovation in phases to prepare for its rebranding to Citadines Fifth Avenue New York in 2018.
43. Ascott Signs Serviced Residence in Sri Racha, Thailand
Ascott has extended its footprint to Thailand’s Eastern Seaboard economic region, winning a contract to manage a 133-unit serviced residence in Sri Racha district, Chonburi province. Scheduled to open in 2014, the new Citadines Grand Central Sri Racha will enhance Ascott’s position as one of the largest international serviced residence owner-operators in Thailand with over 1,800 ap
44. Ascott Signs Eight New Serviced Residences in China
Ascott has signed contracts to manage eight new serviced residences in China’s high growth cities of Beijing, Chongqing, Haikou, Hangzhou, Shanghai and Xiamen through the Ascott, Citadines and Tujia Somerset brands. The properties with more than 1,200 apartment units will boost Ascott’s position in China, as it adds a record number of more than 2,800 apartment units across 16 new p
45. Ascott to Take Over Management of 50-Unit Serviced Residence in Singapore
Ascott has snagged a prime property in one-north business park, Singapore’s research & development hub which houses more than 400 companies, through a lease awarded by JTC Corporation. The 50-unit serviced residence is currently operating and will be rebranded to Citadines Fusionopolis Singapore from 1 April 2016.
46. Ascott Signs Two Properties in Jeddah, Saudi Arabia
Ascott has signed two more serviced residences in the vibrant port city of Jeddah, Saudi Arabia. The 51-unit Citadines Sari Jeddah is slated to open in 2015, while the 135-unit Somerset Corniche Jeddah, the first Somerset-branded serviced residence in Saudi Arabia, will open in 2016. The new properties will strengthen Ascott’s portfolio in Saudi Arabia to nearly 700 apartment units
47. Ascott Forms Strategic Alliance with Ciputra
Ascott has formed a strategic alliance with one of Indonesia’s top property developers – Ciputra Development Group (Ciputra). Under the alliance, Ascott will manage serviced residences to be developed by Ciputra in Indonesia and China within the next five years. The 253-unit Citadines Sudirman Jakarta, the first property under the alliance, will open in 2021.
48. Ascott Secures First Franchise Agreements
Ascott has secured its first franchise agreements in Vientiane, the capital city of Lao People’s Democratic Republic, and Bali, Indonesia. The agreements are for an operating serviced residence in Vientiane that will be rebranded as a 116-unit Somerset Vientiane in Q4 2014, and a 194-unit Citadines Kuta Beach Bali that is scheduled to open in August of this year.

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