CapitaLand's serviced residence business unit, The Ascott Limited has won contracts to manage two properties in China. In a news release, The Ascott said the properties include 186-unit Ascott M-City Foshan which will open in 2016, and the 71-unit Somerset Victoria Park Hongkong in 2013. At the moment, Ascott owns and operates Citadines Ashley Hongkong in the Tsim Sha Tsui district. Mr Lim Ming Yan,...
