Ascott Residence Trust to Acquire DoubleTree by Hilton Hotel New York

The Ascott Residence Trust Management Limited, the manager of the Ascott Residence Trust, had entered into a conditional sale and purchase agreement to buy the hotel property known as DoubleTree by Hilton Hotel New York for an aggregate purchase price of US$ 106 million. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]



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