Ascott is poised to outpace its 2015 growth with its first serviced residence in Melbourne, in partnership with Quest Apartment Hotels, becoming its 27th property this year.

Ascott has also secured new properties across seven cities in Indonesia, Malaysia, Vietnam, Japan and  China.

The Singapore company now has over 28,000 operating serviced residence units in the Americas, Asia Pacific, Europe and the Gulf region with more than 18,000 units under development.

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