July 28, 2016 3:03 PM ET

Real Estate Management and Development

Company Overview of The Ascott Limited

Company Overview

The Ascott Limited operates as a serviced residence owner-operator. The company also offers franchise options. It operates serviced residence units in the Asia Pacific, the Americas, Europe, and the Gulf region. The Ascott Limited was formerly known as Scotts Holdings Limited and changed its name to The Ascott Limited in December 1999. The company was incorporated in 1979 and is based in Singapore with additional offices in Singapore and internationally. The Ascott Limited operates as a subsidiary of CapitaLand Limited.

168 Robinson Road

#30-01 Capital Tower

Singapore,  068912

Singapore

Founded in 1979

Phone:

65 6713 2888

Fax:

65 6713 2121

Key Executives for The Ascott Limited

Chief Executive Officer
Age: 41
Deputy Chairman, Chairman of Executive Committee, Member of Nominating Committee, Member of Executive Resource & Compensation Committee, Chief Executive Officer of CapitaLand Limited and President of CapitaLand Limited
Age: 70
Chief Executive Officer of Ascott Residence Trust Management Limited
Chief Investment Officer and Managing Director of Ascott China Fund Management
Managing Director of Europe
Compensation as of Fiscal Year 2016.

The Ascott Limited Key Developments

The Ascott Limited Expands Secured Seven New Properties Across Seven Cities in Asia

The Ascott Limited has secured seven new properties with 1,714 units across seven citiesin Asia - Karawang in Indonesia; Putrajaya in Malaysia; Danang in Vietnam; Tokyo in Japan; and Changsha, Shanghai and Shaoxing in China. Ascott has already secured more than 5,000 units in 26 properties in the first six months of 2016. The 124-unit Somerset Ginza East Tokyo is slated to open in July 2016 while the 135-unit Citadines Festive Walk Karawang, 550-unit Citadines Blue Cove Danang, 180-unit Citadines Xingsha Changsha and 250-unit Citadines Keqiao Shaoxing will be opening in 2018. The 200-unit Somerset West Hongqiao Shanghai will welcome its first guests in 2019 while the 275-unit Somerset Putrajaya is expected to open in 2020.

The Ascott Limited Launches the Crest Collection, a Selection of Some of Ascott's Luxury Serviced Residences

The Ascott Limited has launched The Crest Collection, a selection of some of Ascott's unique luxury serviced residences. The collection offers the growing number of discerning travellers extraordinary experiences with a sense of home. Each property is a signature on its own with a distinctive character which epitomises European elegance and grandeur. The debut collection comprises the newly added Metropole, which will open in Bangkok in June 2016, and three of Ascott's Citadines Suites properties in Paris that have been renamed to La Clef Louvre Paris, La Clef Champs-Élysées Paris as well as La Clef Tour Eiffel Paris, where the launch ceremony of The Crest Collection was held. Acquired in 2011, La Clef Tour Eiffel Paris was included in the global asset enhancement programme rolled out by Ascott in 2010. Through Ascott's extensive experience in product development and design, the property was boldly transformed - the serviced residence seamlessly marries Parisian elegance in a 19th century Haussmannian apartment building with the postmodernist style of celebrated architect Ricardo Bofill in an adjoining hotel.

The Ascott Limited Presents at 15th Annual Real Estate Investment World Asia 2016, Jun-23-2016 09:30 AM

The Ascott Limited Presents at 15th Annual Real Estate Investment World Asia 2016, Jun-23-2016 09:30 AM. Venue: Grand Hyatt Hotel, Singapore. Speakers: Gerald Yong, Chief Investment Officer.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 7, 2016
Rattha Citadines OMR Aparthotel Private Limited
Merger/Acquisition
June 15, 2016
Citadines Hitec City Aparthotel Private Limited
Private Placement
May 23, 2016
Rattha Citadines OMR Aparthotel Private Limited
 

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