CapitaLand’s serviced residence business unit, The Ascott Limited (Ascott), opened its first serviced residences in Hangzhou, China and Hamburg, Germany. In addition, the company also opened its second Ascott-branded serviced residence in Jakarta, Indonesia; and secured a management contract for its second Ascott-branded serviced residence in Dubai, which is slated to open in 2017.
The 104-unit Citadines Intime City Hangzhou (shown in photos below) is Ascott’s 35th property to operate in China, while the 185-unit Ascott Kuningan Jakarta is the company’s eighth property to open in Indonesia. The 127-unit Citadines Michel Hamburg is Ascott’s fourth serviced residence in Germany, adding to its current properties in Berlin, Munich and Frankfurt. The 117-unit Ascott Culture Village Dubai will bolster Ascott’s portfolio in the Gulf Cooperation Council (GCC) to 12 properties in Bahrain, Qatar, Oman, Saudi Arabia and the United Arab Emirates.
Citadines Intime City Hangzhou is close to the city's three major business districts, and attractions such as the Westlake Scenic Area, Beijing-Hangzhou Grand Canal, Hangzhou Xixi National Wetland Park and Hangzhou Botanical Gardens are also nearby. The serviced residence offers dining, shopping and entertainment options right at Intime City. A range of lifestyle amenities such as schools, supermarkets, banks and clinics are also within access. The Hangzhou Railway Station and Hangzhou East Railway Station are within a 30-minute drive from the serviced residence.
Citadines Intime City Hangzhou targets business and leisure travelers. The serviced residence provide guests with a range of studios to two-bedroom apartments, as well as facilities such as a gymnasium, café, billiard room, launderette, mini cinema, children’s play area, breakfast lounge, business center and meeting rooms.
Ascott Kuningan Jakarta offers personalized services, luxurious apartments and a décor that features expressionist-styled art pieces by Indonesian artist Hendra Gunawan. Each of its one-, two- and three-bedroom apartments comes with a fully-equipped kitchen, separate living and dining areas, bathrooms with bathtub, rain shower and other amenities.
Ascott Kuningan Jakarta has a range of facilities including a swimming pool, tennis, basketball and badminton courts, a gymnasium, aerobics room, children’s playground, wading pool, indoor playroom, garden terrace, café, resident’s lounge and meeting facilities.
Meanwhile, when it opens, Ascott Culture Village Dubai will be set within the Dubai Culture Village along the shoreline of Dubai Creek, which houses residential, retail and commercial developments including schools, art galleries, performing arts centers, restaurants and designer boutiques. On offer at Ascott Culture Village Dubai will be studios, one-, two- and three-bedroom apartments, as well as facilities such as swimming pool, gymnasium and restaurant.