• Ascott Chinese expansion

Serviced apartment specialist Ascott has signed a strategic alliance with Chinese property developer Beijing Vanke to drive expansion in the country. An initial agreement sees Ascott taking on a 157 unit Citadines and 198 unit Somerset branded block in Beijing.
Both properties are scheduled to open in 2017, and give Ascott a portfolio of close to 700 apartments managed for Vanke. Ascott is looking to add further properties in gateway and fast expanding cities across China.
Read the full story here:
http://www2.theascottlimited.com/en/4ascott_forms_strategic_alliance_with_vanke_to_drive_its_growth_in_china.html

Share →