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Ascott provides his first Serviced Residence in Xiamen
Singapore (PRWEB) 28 sakavіka 2012
CapitaLandswholly owned business unit of residence, Ascott Limited (Ascott), has secured a contract to manage its first serviced residence in Xiamen. Scheduled to open in late 2012, 169 units of Citadines Jinshang Road Xiamen is the first international branded serviced residence in Xiamen, Fujian Province. The latest addition Ascotts strengthened the leading position as the largest international serviced residence owner-operator in China with more than 8,000 apartment units in 42 properties in 17 cities.
Mr Chong KeeHiong, Ascotts chief executive officer, said: China Ascotts rapidly growing market. In addition to first-level cities, we see potential for growth in other cities like Xiamen, which is one of the five special economic zones in China. In the center of trade, international transport and technological innovation, Xiamen attracts investment from many multinational corporations such as Dell, Lenovo, Coca-Cola and ABB. Xiamen is also a leading city for the fair and well-known tourist destination. As the first international branded serviced residence in the city of Xiamen, Citadines Jinshang Road Xiamen will enjoy first-mover advantage in catering to the high demand for quality housing.
Mr. Li Kun Li, Ascotts deputy chief executive officer and managing director for North Asia, said: Ascott entered Xiamen, because we value the potential in Xiamen and neighboring towns. Ascott is on track to achieve the 12,000 apartments in China in 2015. In addition to foreigners and foreign tourists, a growing number of domestic tourists and businesses to stay in our serviced apartments. To strengthen our leading position in China, we will deepen our investment and use in Ascotts strong international brand, to provide more management contracts.
Citadines Jinshang Road Xiamen is strategically located in the heart of Ghani, who is well connected to the airport and the seaport of Xiamen. Serviced residence is situated next to the authority and is close to Goni Goni area of economic and high-tech area in which the 24 companies in the Fortune 500. A large Tesco supermarket within walking distance of the serviced residence, and about the bus rapid transit station provides convenient access to various areas in Xiamen.
AfterCitadines Jinshang Road Xiamen offers a wide range of spacious studios to three-bedroom apartments to meet the various needs of life business and leisure travelers. All apartments are equipped with full kitchens and separate areas of work and sleep. Comprehensive facilities in the serviced accommodation includes a fitness room, business center, conference room and a breakfast room.
About Ascott Limited
Ascott Limited is the world’s largest international serviced residence owner-operator with 22,000 operating serviced residence units in key cities in the Asia-Pacific region, Europe and Gulf countries, as well as over 8,000 units which are under development that does make more than 30,000 units.company operates three brands Ascott, Citadines and Somerset. The portfolio includes more than 70 cities in over 20 countries, 15 of which are new cities in the portfolio Ascotts where it serves the apartments are under construction.
Ascott, which is a wholly owned subsidiary of CapitaLand Limited, headquartered in Singapore. She became the first Asian Pacifics first international-class accommodation services in 1984. In 2006 he created the world’s first pan-Asian serviced residence real estate investment trust, Ascott Residence Trust. Today the company has over 28 years industry experience and award-winning serviced residence brands enjoy recognition worldwide.
Recent awards include the Readers’ Choice Awards DestinAsian 2012 Best Service Apartment, Business Traveller Asia Pacific Awards 2011 Best serviced residence brands and the best Serviced Residence in Asia Pacific, Business Traveller Awards 2011 Best in the UK serviced apartment company, TTG Travel Awards 2011 best served by the operator of a residence and China, TTG Travel Awards 2011 Best serviced residence operator in China.
About CapitaLand Group
CapitaLand is one of Asias largest real estate companies. Headquartered and listed in Singapore, several local companies core business in real estate, hospitality and real estate financial services are focused in growth cities in Asia-Pacific and Europe.firms and hospitality real estate portfolio, which includes homes, offices, shopping centers, hotels, residences and mixed development comprises more than 110 cities in 20 countries. CapitaLand also uses its significant asset base, real estate domain, financial skills and extensive network of real estate developing financial products and services in Singapore and the region.
subjects listed CapitaLand Group include Australand, CapitaMalls Asia, CapitaMall Trust, CapitaCommercial Trust, Ascott Residence Trust, CapitaRetail China Trust, CapitaMalls Malaysia per capita trust and confidence in Quill.
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