The Ascott Limited

Ascott Ciputra

Ascott Boosts Pipeline Through Strategic Alliance with Ciputra

CapitaLand's wholly-owned lodging business unit, The Ascott Limited (Ascott), has formed a strategic alliance with one of Indonesia's top property developers - Ciputra Development Group (Ciputra). Under the alliance, Ascott will manage serviced residences to be developed by Ciputra in Indonesia and China within the next five years.