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Mapletree in serviced apartment venture

Tie-up with Oakwood aims to open 100 new properties over 5 years

Singapore MAPLETREE Group has struck a deal for a corporate and serviced apartment joint venture that aims to open more than 100 new properties around the world over the next five years. The group said yesterday that it would take a 49 per cent stake in Oakwood Asia Pacific (OAP), US-based

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