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Ascott to boost presence with Ciputra alliance

Its tie-up with the Indonesian developer will help bolster its pipeline in Indonesia and China over the next 5 years

The Ascott Sudirman Jakarta, which Ascott acquired from Ciputra last year, is located within Ciputra World in Jakarta's CBD.


CAPITALAND'S serviced residence arm, The Ascott, has formed a strategic alliance with Indonesian property developer Ciputra Development Group that will boost Ascott's pipeline as it manages serviced residences to be developed by Ciputra in Indonesia and China over the next five...

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