Ascott expands China footprint with four new properties

Ascot has secured four new properties in China, two in Shanghai and one each in Beijing and Dalian, bringing its unit count in the country to over 14,300.

Ascott Beijing will open in 2016, in the CBD area, near International Trade Centre and China World shopping mall. Offering 162 one- and two-bedroom apartments with kitchen facilities, Ascott Beijing also provides 24-hour housekeeping services, a fitness centre, swimming pool as well as a sauna.

Also opening in the same year will be Citadines Gugeng Dalian sited in the Dalian Economic and Technological Development Zone. It will be located near shopping centres, office buildings, banks and restaurants and offers 125 studio and one-bedroom apartments.

The two new properties in Shanghai, Citadines Jinxiu Shanghai and Citadines Putuo Shanghai, will open in 2019.

Citadines Jinxiu Shanghai will be located in the Shanghai Pudong New Area and is part of an established integrated development comprising a shopping mall and offices.

It is a 30-minute and 40-minute drive from Pudong International Airport and Hongqiao Airport respectively, and will offer 142 units ranging from studio to two-bedroom apartments. Other facilities include a meeting room, gymnasium, yoga room and a residents' lounge.

Citadines Putuo Shanghai is also part of an integrated development comprising high-end residences, business centers, education and other facilities. The 154-unit serviced residence will offer a range of one- to three-bedroom apartments and facilities include a gymnasium, yoga room, residents' lounge and a children's play area.