In 2H2022, following the acquisition of Jalan Loyang Besar EC, Ascott expands Oakwood portfolio, increasing it by over 20%
The Ascott, the lodging arm of CapitaLand Investment, announced that it has grown its Oakwood portfolio by by over 20% since the group acquired Oakwood Worldwide in 2H2022. To recap, Ascott acquired Oakwood Worldwide from Mapletree Investments. Although the group did not disclose the acquisition amount, it is estimated that the consideration would have been […]