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Ascott buys into London property via joint fund with Qatar

The latest acquisition - the joint fund's third in five months - will be named Citadines Islington London and is scheduled to open in 2019.


CAPITALAND'S serviced residence business unit, The Ascott, is investing £52 million (S$100.4 million) in a 108-unit property in Islington, London through its joint fund with Qatar Investment Authority (QIA).

The purchase will be the third in less than five months by the...

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