Ascott to open two properties in Saudi city of Al Khobar
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Singapore
CAPITALAND'S wholly owned serviced residence business The Ascott Limited has signed contracts for the management of its first two serviced residences in Al Khobar, one of the main cities in the oil-rich eastern province of Saudi Arabia.
The 172-unit Ascott Corniche Al Khobar and 133-unit Somerset Downtown Al Khobar are set to open in 2018 and 2019 respectively.
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