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Ascott lands contract to manage nine more properties in China

This marks a record year in China as it doubles number of units added in 2016

The properties added to Ascott's portfolio include Somerset Gubei Shanghai (left). They are slated to start operations in stages from this year through 2023.


THE Ascott has sealed contracts to manage nine properties with over 2,000 units in China, putting the service residence business unit of CapitaLand on track to achieve its global target portfolio of 80,000 units in 2018, two years ahead of...