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65. Ascott Sets Up US$600 Million Fund with Qatar Investment Authority
Ascott has entered into a 50:50 joint venture with Qatar Investment Authority (QIA) to set up a US$600 million (approximately S$809 million) serviced residence fund with an initial focus on the Asia Pacific and Europe regions. This is Ascotts largest private equity fund to date. With a target to launch six new funds with total assets under management (AUM) of up to S$10 billion by
66. Ascott Signs Properties in Foshan and Hong Kong
Ascott has signed contracts to manage two properties in Foshan and Hong Kong SAR. The latest additions further strengthen Ascotts leadership position as one of the largest international serviced residence owner-operators in China with over 7,000 apartment units in 40 properties across 17 cities.
67. Ascott Enhances Profile in America
Ascott is enhancing its profile in the North American market through the formation of a marketing partnership with AKA, a luxury brand of serviced residences. Ascott has also appointed the established Serviced Apartments Worldwide (SAW) as its sales representative in the United States.
68. Ascott to Double Portfolio to 160,000 Units Globally by 2023
Ascott is ramping up its expansion plans with a target to double its portfolio to 160,000 units globally by 2023. Hot on the heels of its recent signing of nine management contracts in China, Ascott has clinched contracts to manage another four properties with 1,200 units in new cities such as Malacca in Malaysia and Davao in Philippines while deepening its presence in Guangzhou in
69. Ascott Opens Third Property in Shenzhen, China
Ascott has opened its third property in Shenzhen. Located in Nanshan District, the citys technology and industrial hub, Ascott Raffles City Shenzhen is part of CapitaLands flagship Raffles City integrated development which also comprises a 70,000-sqm mall with more than 200 shops, and a 23-storey office tower, and is designed by world-renowned architecture firm Benoy.
70. Ascott Acquires 80% Stake in Synergy Global Housing
Ascott is acquiring an 80% stake in Synergy Global Housing, a leading accommodation provider in the U.S. The acquisition will triple Ascotts portfolio from over 1,000 units to about 3,000 units in the U.S.
71. Ascott Makati - Exclusive HD Video Interview with Joanne Golong-Gomez, GM
Exclusive HD video interview with Ms. Joanne Golong-Gomez, General Manager of the Ascott Makati. In this interview, filmed on 20 November 2016 in one of Ascott Makati's One-Bedroom Suites, we talk about the property's location and what advantages there are to staying in Makati over other parts of Manila, Philippines.
72. Ascott Acquires First Serviced Residence in Docklands, Melbourne
Ascott is acquiring its first serviced residence in Docklands, Melbourne as part of its A$500 million (S$500 million) strategic partnership with Quest Apartment Hotels (Quest), one of the largest serviced apartment operators in Australia. The 221-unit property will be acquired for A$71 million (S$71 million) through a 50:50 joint venture between Ascott and Qatar Investment Authorit

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