CapitaLand's wholly-owned serviced residence business unit, Ascott, has won two new contracts to manage properties in Chengdu and Beijing. The properties are the 181-unit Ascott Financial City Chengdu, which is slated to open in 2014, and the 187-unit Somerset Wangjing Beijing, which is scheduled to open a year later. With the two additional properties, Ascott said it is on track to achieve 12,000...
