Ascott set to launch three more properties in Beijing and Hong Kong
The properties have a total of over 300 apartment units.
Ascott has secured contracts to manage three more properties with over 300 apartment units in Beijing and Hong Kong.
The firm has secured the 208-unit Citadines Fangshan Beijing and 70-unit Changyang World Serviced Residence Beijing through its alliance formed with Vanke last year.
Vanke is one of the largest property developers in China and the two properties in Beijing are slated to open in 2018.
Ascott also plans to open its fifth property in Hong Kong – the 92-unit Hotel Pravo Hong Kong in March 2015.