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Ascott makes first foray into Turkey

It clinches deal to manage the 159-unit Somerset Maslak Istanbul, slated to open in 2016

Published Fri, Jan 30, 2015 · 09:50 PM

Singapore

THE Ascott - CapitaLand's wholly owned serviced residence business unit - on Friday said it has secured a contract to manage its first serviced residence in Turkey, marking its first foray into the country.

This latest entry will expand its footprint - as the world's largest global serviced residence owner-operator - to 90 cities across 25 countries, The Ascott said.

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