Ascott has secured contracts to manage two more
serviced residence properties in Xi’an and Shenzhen.
This follows Ascott’s recent expansion into
Chengdu with the opening of
Somerset Riverview, Chengdu in April. The latest additions -
Somerset Gaoxin, Xi’an and Somerset Grandview, Shenzhen - are
scheduled to open in 2012 and 2013 respectively.
Mr Lee Chee Koon, Ascott’s Managing Director for
North Asia, said, “China is an important market for Ascott.
Besides growing in cities such as Beijing and Shanghai, we have
been expanding rapidly in other cities like Xi’an and Shenzhen
where there is high demand for serviced residences. Our Citadines
Xi’an Central and Somerset Garden City, Shenzhen have achieved
strong occupancy of above 80%. We will also open Ascott Maillen
Shenzhen this year and two more Citadines-branded serviced
residences in Xi’an by 2012. Our two latest Somerset-branded
properties will reinforce Ascott’s leadership position as the
largest international serviced residence owner- operator in China.
They will increase our China portfolio to more than 5,500
apartment units in 29 properties across 13 cities.”
Somerset Gaoxin, Xi’an
is Ascott’s first Somerset-branded serviced residence in the city.
Located on Tang Yan Road, which is within the new
commercial centre of the Xi’an Hi-tech Development Zone, the
serviced residence will be surrounded by many technology and
financial services enterprises. This will enable Ascott to cater
to the strong demand for international-class accommodation by
expatriates and business travellers working in the new commercial
Residents will be able to enjoy convenient access to
various amenities including shopping malls and supermarkets, as
well as the Tang Dynasty City Wall Park, a major attraction
located just next to Somerset Gaoxin, Xi’an. The serviced
residence will also be part of a mixed development which comprises
a clubhouse and a retail podium.
Shenzhen will be centrally located on Xinsha Road, close to
the Futian Central Business District. The property will be next to
the Shenzhen Golf and Country Club and it will be surrounded by
high-end office towers, shopping malls, and food & beverage
outlets. Travellers will enjoy a wide range of dining and retail
options at two nearby major shopping malls - Coco Park and Central
Walk. Somerset Grandview, Shenzhen will also provide easy access
to transportation including subways, taxis and buses.
When completed, the 233-unit Somerset Gaoxin,
Xi’an and 128-unit Somerset Grandview, Shenzhen will offer a range
of apartment types from studios to three bedroom units, catering
to the different lifestyle needs of both short- and long-stay
travellers. All apartments will provide a fully-equipped kitchen, ensuite bathroom and separate living and work areas. Residents
will be able to
enjoy a leisurely swim in the pool, work out in the gymnasium, or
discover Xi’an and Shenzhen through Ascott’s residents’ programmes.
There will also be a playroom in each property to cater to
travellers with children.
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