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33. 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,
34. 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.
35. Ascott Opens Citadines Royal Bay Makassar in Indonesia
Ascott has opened its first property in Makassar, Indonesia. The 186-unit Citadines Royal Bay Makassar, Ascotts eighth operational property in Indonesia, is a 30-minute drive from the Sultan Hasanuddin International Airport.
36. Ascott Opens Citadines Islington London
Ascott has expanded its portfolio of hotels in England with the opening of the Citadines Islington London. The property was acquired in April 2016 through Ascotts serviced residence global fund with the Qatar Investment Authority.
37. Ascott Completes Renovation of Citadines Sukhumvit 11 in Bangkok, Thailand
Ascott has completed an extensive renovation of the Citadines Sukhumvit 11 Bangkok. All 127 guestrooms at the apart hotel were renovated as well as the lobby and guest corridors. The renovated guestrooms received a modern Thai design and now feature a signature piece of local artwork, new wall dcor, furniture, and lighting to create a fresh and energetic feel.
38. Ascott Expands Manila Portfolio with New Citadines
Ascott has signed a management contract for a new serviced residence in Ortigas Center, a key business and financial district in Metro Manila, Philippines. Scheduled to open in 2015, the 210-unit Citadines Millennium Ortigas Manila strengthens Ascotts position in the Philippines with over 1,300 apartment units across seven properties.
39. 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).
40. Ascott to Rebrand Hong Kong Property
Ascott has acquired an operating serviced residence in Hong Kong for HK$545 million (approximately S$88.8 million). The 55-unit property, currently operating as The Mercer, will be rebranded as Citadines Mercer Hong Kong in Q3 2014. Located in Sheung Wan on Hong Kong island, Citadines Mercer Hong Kong is next to the Central Business District and just a one minute walk to Sheung Wan

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