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Ascott secures contracts for 25 new properties

Vivienne Tay

Vivienne Tay

Published Wed, Jun 17, 2020 · 09:50 PM

    Singapore

    IN THE first five months of 2020, CapitaLand's lodging business unit The Ascott Limited secured contracts for 25 new properties. The contracts cover 5,400 units across 19 cities, the property giant said on Wednesday.

    This is the largest number of new properties clinched in the first five months of any year, CapitaLand said. The number of units secured has also doubled compared with the same period a year ago.

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