You are here

Ascott acquires S$192m freehold serviced residence in Sydney

Move is part of its strategy to grow its fund management portfolio through private equity funds, joint ventures and listed hospitality trusts

BT_20190927_CTASCOTT27_3904556.jpg
Citadines Walker North Sydney is part of a 48-storey integrated development comprising office and retail components.

Singapore

THE Ascott has acquired a freehold serviced residence in the central business district of North Sydney, for S$192 million through the Ascott Serviced Residence Global Fund, its global fund with Qatar Investment Authority (QIA).

The acquisition is part of Ascott's strategy...

sentifi.com

Market voices on: