CapitaLand's Ascott signs 26 new properties, debuts in 6 cities
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Vivienne Tay
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Singapore
CAPITALAND'S lodging business unit The Ascott has signed 26 new properties, a majority of which are under management contracts; three are on franchise agreements, it said on Monday, just after the market opened.
These properties, which will open in phases from this year to 2023, are spread across 22 cities in 11 countries and house 6,000 units in total.
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