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49. Ascott International Thailand appoints New Country GM and DOSM
Ascott International Thailand appoints New Country GM and DOSM. Ascott International, a leading international serviced residence operator, has appointed a new Country General Manager and Director of Sales and Marketing in Thailand. Mr Eddie Lim takes over as Country General Manager Thailand, replacing Mr Henry Lim who is now Ascott Internationals Country General Manager based in V
50. Ascott Opens Citadines Tbilisi Freedom Square, Georgia
Ascott Opens Citadines Tbilisi Freedom Square, Georgia. Ascott has opened the Citadines Tbilisi Freedom Square. The property is one of the first international serviced residences to open its doors in Georgia, and it strengthens Ascotts presence in Europe, where it already operates over 5,000 serviced apartment units in 47 properties.
51. 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.
52. Ascott Sells Citadines Didot Montparnasse Paris and Ascott Guangzhou
Ascott Residence Trust (ART) has entered into two conditional agreements to sell Ascott Guangzhou in China and Citadines Didot Montparnasse Paris in France to two unrelated third parties for a total of about S$191.4 million (approximately US$138.7 million).
53. Ascott Opens Third Citadines in Xian, China
Ascott has opened its third Citadines serviced residence in Xian, China. The new 138-unit Citadines Xingqing Palace Xian strengthens Ascotts position as one of the largest international serviced residence owner-operators in the country. Ascott currently also operates Citadines Central Xian (162 units) and Citadines Gaoxin Xian (251 units) while Somerset Gaoxin Xian (233 units
54. 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 Vietnams third largest city, Hai Phong. This latest addition to Ascotts 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
55. Ascott Opens Citadines in Cyberjaya; Somerset in Hai Phong
Ascott has opened its first serviced residences in Cyberjaya, Malaysia and Hai Phong, Vietnam. Ascotts first foray into Malaysias 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, Ascotts Chief Executive Officer, said,
56. 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 Ascotts position as one of the largest international serviced residence owner-operators in Indonesia with over 1,600 apartment units in eight properties in Jak

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