Serviced Residences

The Group owns The Ascott Limited, the world’s largest international serviced residence owner-operator with serviced residence units in key cities of Asia Pacific, Europe and the Gulf region. It operates three award-winning brands - Ascott, Citadines and Somerset. Ascott pioneered Asia Pacific’s first international-class serviced residence in 1984. In 2006, it established Ascott Residence Trust, the world’s first serviced residence real estate investment trust.

The Ascott Limited

The Ascott Limited

The Ascott Limited is a Singapore company that has grown to be the largest international serviced residence owner-operator. It has about 23,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 10,000 units which are under development, making a total of more than 33,000 units in over 200 properties.

The company operates three award-winning brands – Ascott, Citadines and Somerset. Its portfolio spans 82 cities across more than 20 countries, 21 of which are new cities in Ascott's portfolio where its serviced residences are being developed. Ascott's properties can be found in cities including London, Paris, Brussels, Berlin and Barcelona in Europe; Singapore, Bangkok, Hanoi, Kuala Lumpur, Tokyo, Seoul, Shanghai, Beijing and Hong Kong in Asia; Melbourne and Perth in Australia, Bangalore and Chennai in India as well as Dubai, Doha and Manama in the Gulf region.

Ascott, a wholly-owned subsidiary of CapitaLand Limited, pioneered Asia Pacific's first international-class serviced residence with the opening of The Ascott Singapore in 1984. In 2006, it established the world's first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust. Today, the company boasts a 30-year industry track record and award-winning serviced residence brands that enjoy recognition worldwide.

Ascott's achievements have been recognised internationally. Recent awards include World Travel Awards 2013 for ‘World’s Leading Serviced Apartment Brand’ and ‘Leading Serviced Apartment Brand’ in Asia and Europe, DestinAsian Readers’ Choice Awards 2013 for ‘Best Serviced Apartment/Residence Operator’, Business Traveller Asia-Pacific Awards 2013 for ‘Best Serviced Residence Brand’ and ‘Best Serviced Residence’, Business Traveller China Awards 2013 for ‘Best Serviced Residence Brand’, Business Traveller UK Awards 2013 for ‘Best Serviced Apartment Company’ and TTG China Travel Awards 2013 for ‘Best Serviced Residence Operator in China’. A full list of awards is available here.

Ascott's parent company, CapitaLand Limited, is one of Asia's largest real estate companies. Headquartered and listed in Singapore, the company's businesses in real estate and real estate fund management are focused on its core markets of Singapore and China. The company's diversified real estate portfolio primarily includes homes, offices, shopping malls, serviced residences and mixed developments.

For more information on Ascott's property listings, please visit http://www.theascottlimited.com/aboutus/group_directory.html.

For more information on Ascott’s portfolio in China, please visit http://www.ascottchina.com.

Connect with Ascott on social media at http://www.the-ascott.com/ connect.

Website:
The Ascott Limited
Ascott The Residence
Citadines Apart'hotel
Somerset Serviced Residence


Ascott Residence Trust

Ascott Residence Trust

Ascott Reit was established with the objective of investing primarily in real estate and real estate-related assets which are income-producing and which are used or predominantly used, as serviced residences, rental housing properties and other hospitality assets.

Ascott Reit’s asset size has more than tripled to about S$2.9 billion since it was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in March 2006. When the acquisition of the new Cairnhill serviced residence in Singapore is completed, Ascott Reit's international portfolio will expand to S$3.4 billion comprising 68 properties with 7,427 units in 25 cities across 12 countries in Asia Pacific and Europe. Ascott Reit’s serviced residences are operated under the Ascott, Citadines and Somerset brands, and are mainly located in key gateway cities such as Beijing, Shanghai, Guangzhou, Singapore, Tokyo, London, Paris, Berlin, Brussels, Barcelona, Munich, Hamburg, Hanoi, Ho Chi Minh City, Jakarta, Manila and Perth.

Ascott Reit is managed by Ascott Residence Trust Management Limited, a wholly-owned subsidiary of The Ascott Limited and an indirect wholly-owned subsidiary of CapitaLand Limited, one of Asia’s largest real estate companies. ARTML is the winner of World Finance Magazine’s 'Best Real Estate Investment Fund Manager 2011' in South Eastern Asia in their inaugural Real Estate Awards.

Website:
Ascott Residence Trust