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Published on : Monday, March 7, 2016
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited, has snagged a prime property in one-north business park, Singapore’s research & development hub which houses more than 400 companies, through a lease awarded by JTC Corporation. The 50-unit serviced residence is currently operating and will be rebranded to Citadines Fusionopolis Singapore from 1 April 2016.
The new addition will further strengthen Ascott’s presence in Singapore, which is already one of the company’s top revenue-generating markets across more than 20 countries globally.