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Ascott expands in China amid rising demand

It inks deals to manage seven serviced residences; it is also building a stronger online presence

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The Citadines Three Gorges Yichang comprising 192 units is slated to open in 2018.

Singapore

AMID rising demand from Chinese travellers, property giant CapitaLand unit The Ascott Limited said that it has signed contracts to manage seven serviced residences in China.

This will add more than 1,300 apartment units to the pool already managed by Ascott in China.

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