CapitaLand’s wholly-owned subsidiary, The Ascott, has secured a contract to manage a 229-unit premier serviced residence in Doha.
Ascott Doha will be the company’s second property in the capital city of Qatar and is scheduled to open in the second half of 2011.
Ascott Doha is located in the centre of Doha’s diplomatic district and offers stunning views of the Arabian Gulf.
Units offered in the residence comprise one, two and three-bedroom apartments.
The new residence brings the total apartment units managed by Ascott to 865 in five serviced residences across three cities in the Gulf region.
Source : Channel NewsAsia – 5 May 2011