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Ascott will open seven high-end serviced residence properties in the Philippines over the next six years under their Citadines and Somerset brands, comprising 1,826 units of various sizes.

Citadines Millennium Ortigas Manila will open this quarter, the first Ascott property outside Makati; the 212-unit Citadines Manila Bayis scheduled to open next year; the apart’hotel, the Citadines Cebu City, will open sometime in 2019; the 176-unit Somerset Valero Makati will provide studio and one- to three-bedroom apartments, to be completed in 2020; Somerset Salcedo Village Makati and Somerset Place Salcedo are expected to open by 2021; also planned for opening in 2021 is the Citadines Greenhills Manila in San Juan, with a total of 280 studio and one-bedroom units; and Citadines Benavidez Makati will be Ascott’s second in Makati’s Legaspi Village, and will open in 2023.

The Philippine projects are part of Ascott’s portfolio of more than 270 properties either completed or under development in 101 cities in 29 countries.

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