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Ascott wins Yangon, Wuhan management contracts

THE Ascott, CapitaLand's wholly-owned serviced residence unit, has secured management contracts for its first property in Yangon, Myanmar, and its third property in Wuhan, China. Both are slated to open in 2018. Somerset Kabar Aye Yangon will have 153 units and is part of a mixed-use development

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