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CapitaLand Malls /
Posted 1 week ago

📢The Ascott Limited (Ascott) has expanded its lyf portfolio to a total of 17 properties with over 3,000 units in 13 cities and nine countries. The expanded portfolio includes the newly opened lyf Mid-Town Hangzhou, Ascott’s first lyf-branded coliving property in China and a new management contract for its second lyf property in Thailand, lyf Riverside Bangkok. Three more lyf properties are also slated to open later this year in Singapore, Xi’an and Shanghai – lyf one-north Singapore, as well as lyf Dayanta Xi’an and lyf Hongqiao Shanghai in China Mr Kevin Goh, CapitaLand Investment’s CEO for Lodging, said: “Ascott constantly innovates to position us for the future, designing products that not only provide unique experiences to customers, but also create greater value for our business partners and investors. Our award-winning brands including lyf demonstrate our capabilities and commitment to deliver quality real estate assets that our sponsored hospitality trust, Ascott Residence Trust (ART); and our private fund, Ascott Serviced Residence Global Fund (ASRGF), can invest in. We are on track to open lyf one-north Singapore later this year which will add another quality asset to ART’s portfolio. ASRGF also recently acquired its first lyf property in Europe which is its second lyf property after lyf Funan Singapore.” For more details on lyf’s expansion or to make a reservation at the newly opened lyf Mid-Town Hangzhou, visit: Discover ASR #DiscoverASR #TheAscottLimited lyf #Ascott #lyf #AscottStarRewards #Lodging #Accommodation #Hospitality #ServicedResidence #ServicedResidences #ServicedApartment #ServicedApartments #Opening #China #Hangzhou #Singapore #Coliving

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