Ascott opens first Citadines serviced residences in Indonesia and Malaysia
New properties increase number of Citadines properties in operation to 59 across 31 cities in Asia Pacific and Europe
Singapore, 19 March 2013 – CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has expanded its international network of Citadines-branded serviced residences with the opening of the first Citadines properties in Indonesia and Malaysia. With the 153-unit Citadines Rasuna in Jakarta and 215-unit Citadines Uplands in Kuching, Ascott has a total of 59 Citadines properties in operation across 31 cities in Asia Pacific and Europe.