The Ascott Limited Buys First Lyf-Branding Property in Sydney
Posted on 06/05/2022
Singapore-based CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott), is acquiring its first lyf-branded coliving property in Sydney, Australia. The acquisition of the freehold asset is made via the Ascott Serviced Residence Global Fund (ASRGF), Ascott’s private equity fund with Qatar Investment Authority. This is ASRGF’s third investment in 2022,…
