ASAP Member Ascott has closed contracts to manage 14 properties with over 2,000 units across eight countries – China, Germany, India, Indonesia, Japan, Malaysia, Thailand and Saudi Arabia.
Three of the 14 new properties are under its coliving brand, a 131-unit lyf in Fukuoka in Japan targeted to open in 2020, lyf Raja Chulan Kuala Lumpur, scheduled to open in 2020, and the 160-unit lyf Hongqiao Shanghai in China, opening 2022. The lyf brand is also planned for Australia, France, Germany, Indonesia and the UK.
The other new properties marked Ascott’s debut in Changchun in Northeast China, as well Foshan in Hong Kong, Shenzhen in China, Frankfurt, Gurgaon in India, Jakarta and Semarang in Indonesia, Pattaya in Thailand, and Al Khobar in Saudi Arabia.
[pdf-embedder url=”https://hub.theasap.org.uk/wp-content/uploads/2019/04/News-Release-Ascott-steps-up-global-growth.pdf” title=”News Release – Ascott steps up global growth”]